Sovran Advisors LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 8.0% during the fourth quarter, Holdings Channel reports. The firm owned 18,032 shares of the exchange traded fund’s stock after buying an additional 1,340 shares during the quarter. Invesco QQQ comprises approximately 1.0% of Sovran Advisors LLC’s holdings, making the stock its 17th biggest position. Sovran Advisors LLC’s holdings in Invesco QQQ were worth $11,212,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Goodman Advisory Group LLC purchased a new stake in shares of Invesco QQQ in the 3rd quarter worth about $25,000. Shcp LLC acquired a new stake in Invesco QQQ in the 3rd quarter valued at about $27,000. Navigoe LLC increased its holdings in Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 45 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Invesco QQQ during the 3rd quarter valued at about $40,000. Finally, PayPay Securities Corp raised its position in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.
Invesco QQQ Price Performance
Shares of NASDAQ QQQ opened at $584.98 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The firm’s 50-day moving average is $602.08 and its two-hundred day moving average is $609.29.
Invesco QQQ Cuts Dividend
Trending Headlines about Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Analysts argue the recent pullback in the S&P 500 looks like a healthy reset, supporting a risk-on stance that can benefit QQQ’s large-cap tech exposure. S&P 500 May Have Already Found Bottom
- Positive Sentiment: Market note: QQQ recorded a modest gain in the latest daily update, reflecting short-term resilience after recent volatility — a signal that buyers are nibbling at tech again. Invesco QQQ Trust ETF (QQQ) Daily Update, 4/3/2026?
- Neutral Sentiment: Nasdaq’s new index/IPO rule changes could alter listings dynamics over time; not an immediate QQQ catalyst but worth monitoring for potential future index composition shifts. New Nasdaq Index Rules Are a Gift for IPO Flippers. Here’s Why.
- Neutral Sentiment: Deeper reads on the March jobs report show payrolls were strong but participation/quality metrics lag — this nuance could temper how hawkish the Fed reaction is, making the impact on growth stocks ambiguous. March Jobs Report: Payroll Strength Offsets Weakness In Participation
- Negative Sentiment: Market-moving: a strong March NFP surprise pushed futures and bonds lower (higher yields), a classic headwind for QQQ’s long-duration tech names as higher rates pressure valuations. Massive March Jobs Beat: Stock Futures And Bonds Trade Lower On Good Friday
- Negative Sentiment: Commentary warns the recent QQQ rebound may be a “bull trap” amid macro uncertainty — investors should be cautious on size and watch flows/breadth for confirmation. QQQ stock rally may be a bull trap: what next for the Nasdaq 100 Index?
- Negative Sentiment: Geopolitical tensions and oil/ Hormuz risk are cited as drivers for renewed risk-off moves; such safe-haven shifts typically weigh on growth/tech-heavy ETFs like QQQ. Iran And Oil Spark An Explosive Month
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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