Private Capital Advisors Inc. grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 38.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,790 shares of the exchange traded fund’s stock after acquiring an additional 1,600 shares during the quarter. Invesco QQQ comprises 0.4% of Private Capital Advisors Inc.’s investment portfolio, making the stock its 29th largest position. Private Capital Advisors Inc.’s holdings in Invesco QQQ were worth $3,557,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of QQQ. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at about $25,000. Shcp LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at about $27,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Invesco QQQ during the 4th quarter valued at about $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at about $40,000. Finally, Morgan Dempsey Capital Management LLC boosted its position in shares of Invesco QQQ by 45.5% during the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 25 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Trading Up 0.4%
Shares of QQQ opened at $717.54 on Friday. The stock has a 50-day moving average price of $638.80 and a 200-day moving average price of $623.07. Invesco QQQ has a 12-month low of $505.58 and a 12-month high of $722.12.
Invesco QQQ Cuts Dividend
Key Headlines Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Nvidia’s buybacks, dividend increase, and AI growth are putting Nasdaq-heavy ETFs like QQQ in focus, reinforcing demand for large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
- Positive Sentiment: Semiconductor strength remains a tailwind for QQQ, as the sector’s long-running rally continues to support growth-oriented technology indexes. Is the VanEck Semiconductor ETF the Right ETF to Own as We Head Into June?
- Neutral Sentiment: Some market commentary suggests ETFs are increasingly dominating trading flows, but the article is more thematic than a direct driver for QQQ today. ETF Zoo: Why Rebalancing Killed the ARK Star
- Negative Sentiment: Earlier market coverage pointed to mixed ETF performance and a pullback in U.S. equities, which can weigh on QQQ when traders rotate out of growth stocks. Exchange-Traded Funds Mixed, US Equities Decline After Midday
Invesco QQQ Profile
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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