Fort Sheridan Advisors LLC cut its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 14.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,220 shares of the exchange traded fund’s stock after selling 1,246 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Invesco QQQ were worth $4,435,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the business. Coyle Financial Counsel LLC increased its stake in Invesco QQQ by 5.8% in the fourth quarter. Coyle Financial Counsel LLC now owns 45,972 shares of the exchange traded fund’s stock valued at $28,241,000 after purchasing an additional 2,514 shares during the period. ARK & TLK Investments LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth about $384,000. Marshall & Sterling Wealth Advisors Inc. increased its stake in shares of Invesco QQQ by 66.7% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 565 shares of the exchange traded fund’s stock worth $347,000 after acquiring an additional 226 shares during the period. Principia Wealth Advisory LLC increased its stake in shares of Invesco QQQ by 7.2% during the fourth quarter. Principia Wealth Advisory LLC now owns 19,505 shares of the exchange traded fund’s stock worth $11,982,000 after acquiring an additional 1,302 shares during the period. Finally, Blueline Advisors LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth about $1,690,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ Trading Up 0.4%
Shares of Invesco QQQ stock opened at $738.31 on Friday. Invesco QQQ has a 52-week low of $511.93 and a 52-week high of $741.63. The company’s 50-day simple moving average is $652.03 and its 200-day simple moving average is $626.95.
Invesco QQQ Cuts Dividend
Trending Headlines about Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Tech leadership remains intact, with market coverage noting that AI-driven stocks are helping push broader indexes and Nasdaq futures higher despite geopolitical noise and softer trading volume. S&P 500, Nasdaq, Dow Futures Rise As AI-Driven Tech Rally Overpowers ‘Defensive’ Iran Strikes: ONDS, NBIS, RCAT, SNOW In Focus
- Positive Sentiment: A separate market note said pre-market trading was mostly up, suggesting continued support for risk assets and large-cap growth exposure like QQQ. Pre-Markets Mostly Up on Lower Volume, Trade & Inventory Reports
- Neutral Sentiment: Consumer sentiment hit a record low, but the same report argued the broader economy remains solid, which could keep investors focused on growth stocks rather than a sharp recession trade-off. Consumer Sentiment Hits Record Low – Economy Stays Solid
- Neutral Sentiment: Several commentary pieces warned about stretched valuations, “liquidity bubble” concerns, and the possibility that value stocks or other global ETFs could outperform tech, which may temper enthusiasm for QQQ if sentiment turns. This Global ETF Beat the Nasdaq-100 for Most of the Past Year. Should You Buy It? The AI Black Box: SpaceX, Hyperscalers, And The Liquidity Bubble Beneath The Rally
- Negative Sentiment: Higher-for-longer interest-rate commentary and inflation concerns could pressure growth multiples, especially for the large-cap tech names that dominate QQQ. The Fed Needs To Invert The Yield Curve And Hike To Above 5 Percent PCE Inflation Surges Further Away From Fed’s Target, Now Nearly Double The Fed’s Target, And 5+ Years Above Target
- Negative Sentiment: Coverage on weak chip stocks and talk that the Nasdaq recently lagged due to semiconductor softness highlights a risk to QQQ’s biggest holdings if AI and semiconductor momentum fades. Dow Closes At Record Highs On Iran Truce Optimism, While Nasdaq Snaps Four-Day Win Streak On Weak Chip Stocks — META, BA, AAL, DY, VRRM In Focus
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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