Advance Capital Management Inc. Grows Stake in Invesco QQQ $QQQ

Advance Capital Management Inc. raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 13.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 8,232 shares of the exchange traded fund’s stock after buying an additional 973 shares during the quarter. Invesco QQQ accounts for about 0.2% of Advance Capital Management Inc.’s investment portfolio, making the stock its 29th largest holding. Advance Capital Management Inc.’s holdings in Invesco QQQ were worth $4,942,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Invesco QQQ by 15.0% during the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after purchasing an additional 176 shares during the period. Nuveen LLC bought a new stake in shares of Invesco QQQ during the 1st quarter valued at about $10,316,000. Russell Investments Group Ltd. boosted its stake in shares of Invesco QQQ by 42.7% during the 1st quarter. Russell Investments Group Ltd. now owns 4,093 shares of the exchange traded fund’s stock valued at $1,919,000 after purchasing an additional 1,224 shares in the last quarter. Finally, American Century Companies Inc. purchased a new position in shares of Invesco QQQ during the first quarter valued at about $3,442,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

QQQ stock opened at $617.05 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The firm has a 50-day moving average of $614.14 and a 200 day moving average of $583.67.

Key Invesco QQQ News

Here are the key news stories impacting Invesco QQQ this week:

• Positive Sentiment: Shareholders approved converting QQQ to an open‑ended ETF and Invesco immediately cut QQQ’s expense ratio by about 10%, lowering ongoing costs for holders and improving QQQ’s competitiveness — a likely catalyst for inflows. Invesco cuts QQQ expense ratio by 10% after shareholders approve open-ended ETF conversion
• Positive Sentiment: Invesco’s broader “modernization” of QQQ (approved by investors) enables operational flexibility and a more standard ETF structure, which should make the fund more attractive to large institutional and retail buyers over time. Invesco QQQ Gets Green Light For Modernization
• Positive Sentiment: Softer-than-expected November inflation helped lift growth names and ETFs tied to the Nasdaq‑100 by increasing the odds of Fed rate cuts next year — a key macro driver behind the recent bounce in QQQ. QQQ ETF News, 12-19-2025
• Neutral Sentiment: QQQ remains above its 50‑day and 200‑day moving averages and close to its 52‑week high, indicating positive momentum, but that also raises the bar for additional upside without a fresh catalyst. (Context: recent market commentary and CPI reads.)
• Negative Sentiment: A technical bearish signal on the Nasdaq‑100 chart was flagged today, suggesting a possible short‑term pullback or consolidation risk for QQQ after this rally; traders should watch support levels and volume for clues. The Nasdaq-100 ETF just flashed a bearish chart signal. Here’s what happens next.

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.