Goelzer Investment Management Inc. reduced its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 32.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,876 shares of the exchange traded fund’s stock after selling 910 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Invesco QQQ were worth $1,152,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of QQQ. Fifth Third Securities Inc. increased its position in shares of Invesco QQQ by 2.6% in the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after acquiring an additional 2,822 shares during the period. SK Wealth Management LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth about $803,000. Great Point Wealth Advisors LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth about $507,000. Strengthening Families & Communities LLC purchased a new stake in Invesco QQQ during the 3rd quarter valued at about $10,771,000. Finally, Coyle Financial Counsel LLC grew its stake in Invesco QQQ by 4.9% during the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock valued at $26,091,000 after purchasing an additional 2,035 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ Price Performance
Shares of QQQ stock opened at $562.58 on Monday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The stock’s 50-day simple moving average is $606.07 and its 200-day simple moving average is $609.81.
Invesco QQQ Cuts Dividend
Key Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Hyperscaler and AI optimism supports large-cap tech names that dominate QQQ, providing a demand tailwind for the ETF. Hyperscalers Are Bullish on AI’s Future
- Neutral Sentiment: Global X launched the NYSE 100 ETF (NYSX), giving investors another large‑cap tech alternative to QQQ; could modestly affect flows over time but not an immediate disruption. Tech Growth Reimagined: Inside Global X’s Launch of NYSX
- Neutral Sentiment: Coverage and analyst pieces continue to highlight QQQ as a core way to get Nasdaq‑100 exposure; that keeps it on investor radars even amid volatility. Should Invesco QQQ (QQQ) Be on Your Investing Radar?
- Neutral Sentiment: Short-term trading ideas (options) tied to Invesco corporate moves have surfaced, which can increase volume and volatility in QQQ but are not a directional guarantee. Use options to play a potential Invesco runup after Janus Henderson deal
- Negative Sentiment: Rising oil prices and renewed Iran‑related geopolitical risk are prompting risk‑off moves that pressure growth/tech‑heavy ETFs like QQQ. Oil Prices Rise +80% Since December – When Will It End?
- Negative Sentiment: Broad ETF selling and midday weakness in US equities pulled major ETFs lower, contributing to downward pressure on QQQ. Exchange-Traded Funds Fall as US Equities Decline After Midday
- Negative Sentiment: Invesco’s launch of an equal‑weight QQQ product (QEW) and other new ETF entrants could reallocate flows away from cap‑weighted QQQ over time. A New ETF Right for These Times
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.
See Also
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