TD Private Client Wealth LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 8.4% during the fourth quarter, HoldingsChannel reports. The firm owned 70,440 shares of the exchange traded fund’s stock after selling 6,424 shares during the period. Invesco QQQ accounts for 0.9% of TD Private Client Wealth LLC’s portfolio, making the stock its 24th largest position. TD Private Client Wealth LLC’s holdings in Invesco QQQ were worth $43,272,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. CMG Global Holdings LLC lifted its stake in shares of Invesco QQQ by 3.1% during the fourth quarter. CMG Global Holdings LLC now owns 17,137 shares of the exchange traded fund’s stock worth $10,381,000 after purchasing an additional 508 shares in the last quarter. Tucker Asset Management LLC lifted its stake in shares of Invesco QQQ by 3.7% during the fourth quarter. Tucker Asset Management LLC now owns 67,249 shares of the exchange traded fund’s stock worth $41,312,000 after purchasing an additional 2,421 shares in the last quarter. Requisite Capital Management LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth about $6,595,000. RiverFront Investment Group LLC lifted its stake in shares of Invesco QQQ by 4.2% during the fourth quarter. RiverFront Investment Group LLC now owns 207,243 shares of the exchange traded fund’s stock worth $127,312,000 after purchasing an additional 8,408 shares in the last quarter. Finally, Sapient Capital LLC grew its position in Invesco QQQ by 10.3% in the fourth quarter. Sapient Capital LLC now owns 11,783 shares of the exchange traded fund’s stock valued at $7,299,000 after acquiring an additional 1,099 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Price Performance
Shares of NASDAQ:QQQ opened at $708.93 on Monday. Invesco QQQ has a 52-week low of $505.58 and a 52-week high of $722.03. The company has a 50 day moving average of $628.38 and a two-hundred day moving average of $620.21.
Invesco QQQ Cuts Dividend
Invesco QQQ News Summary
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: QQQ-related coverage highlighted that the ETF has still been attracting attention from investors, and Invesco pulled in $4.9 billion in ETF inflows, signaling continued demand for the firm’s products. ETF League Tables: Invesco Pulls In $4.9B
- Positive Sentiment: A pre-market market update noted U.S.-China meeting optimism and broad ETF/futures gains, which can support QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds, Equity Futures Advance Pre-Bell Thursday Amid US-China Meeting
- Neutral Sentiment: Some commentary argued the market rally remains supported despite hot inflation prints and that stocks are not crashing because of AI skepticism alone, suggesting mixed but not clearly negative conditions for QQQ. Why Stocks Refuse To Crash (It’s Not AI)
- Neutral Sentiment: Several articles discussed market breadth, sentiment, and index mechanics, including the upcoming SpaceX IPO possibly forcing index-related buying, which could be a technical tailwind for Nasdaq-linked funds but is still speculative. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
- Negative Sentiment: Multiple pieces warned that Treasury yields are breaking out, stagflation odds are rising, the job market is weakening, and recession risk is increasing. Higher yields and slowing growth are typically negative for QQQ’s high-duration tech holdings. Treasury Rates Are Breaking Out Of A Multi-Year Consolidation
- Negative Sentiment: Additional bearish commentary flagged “market bloodshed,” a Hindenburg Omen warning sign, and an overextended rally due for correction, all of which reinforce risk-off sentiment toward QQQ. The New Fed Chair’s Balance Sheet Erasure And Market Bloodshed
About Invesco QQQ
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.
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