Novak & Powell Financial Services Inc. boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 28.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,770 shares of the exchange traded fund’s stock after acquiring an additional 4,390 shares during the quarter. Invesco QQQ makes up approximately 6.2% of Novak & Powell Financial Services Inc.’s holdings, making the stock its 2nd biggest holding. Novak & Powell Financial Services Inc.’s holdings in Invesco QQQ were worth $11,870,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the stock. Fifth Third Securities Inc. raised its position in shares of Invesco QQQ by 2.6% during 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 last quarter. SK Wealth Management LLC bought a new position in shares of Invesco QQQ in the 3rd quarter worth $803,000. Great Point Wealth Advisors LLC acquired a new stake in shares of Invesco QQQ during the third quarter worth $507,000. Strengthening Families & Communities LLC bought a new stake in Invesco QQQ in the third quarter valued at about $10,771,000. Finally, Coyle Financial Counsel LLC increased its holdings in Invesco QQQ by 4.9% in the third 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 owned by institutional investors.
Invesco QQQ Price Performance
NASDAQ:QQQ opened at $600.38 on Tuesday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01. The business’s 50-day moving average price is $612.91 and its two-hundred day moving average price is $609.09.
Invesco QQQ Increases Dividend
Trending Headlines about Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Analysts and commentators are calling growth ETFs attractive after the S&P pullback, encouraging buying into Nasdaq‑heavy funds like QQQ as a way to capture long‑term tech/AI upside. While the S&P 500 Sells Off These 2 Growth ETFs Are Still Worth Buying
- Positive Sentiment: Sector/stock‑specific rallies in cloud and AI infrastructure names (neocloud group) are lifting tech‑heavy indexes, supporting QQQ’s gains as those megacap and growth segments show strength. Neocloud Stocks Skyrocket: Why IREN, CoreWeave, and MARA Holdings Are Rallying
- Positive Sentiment: Optimistic takes on the AI thematic argue investors should maintain or add exposure to AI winners — a tailwind for QQQ given its concentration in large AI/tech names. Why You Should Still Buy The AI Bubble
- Neutral Sentiment: ETF comparisons and buy/sell guidance (VOO vs QQQ, VONG vs QQQ) are prompting tactical flows between broad‑cap and growth ETFs; this can create short‑term rotation but doesn’t alter QQQ’s long‑term case. VOO or QQQ: Investor Says One ETF Looks Far More Attractive for 2026
- Neutral Sentiment: Daily updates and pre‑market notes show short‑term positioning tilting into QQQ, reflecting intraday/intraworkweek flow more than a structural change. Invesco QQQ Trust ETF (QQQ) Daily Update, 3/16/2026
- Negative Sentiment: Geopolitical risk (U.S.‑Iran tensions) is creating downside risk for semiconductors and broader tech supply chains — a headwind for QQQ’s sizable semiconductor and hardware exposure. U.S.-Iran War: Hidden Risks For Semiconductors
- Negative Sentiment: Macro worries — a potential shift in the Fed rate outlook, rising 10‑year yields and recession chatter — lift volatility and can pressure high‑multiple growth stocks that dominate QQQ. Turning Point: The Next Phase For The 10-Year Bond Yield Is Crucial
- Negative Sentiment: Some analysts argue value‑tilts (e.g., Dow ETFs) may outperform if geopolitical and rate uncertainty persists, which could prompt rotation out of QQQ into safer/value sectors. Is Dow ETF Better-Positioned Than S&P 500 & Nasdaq Amid Iran War?
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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