RIA Advisory Group LLC reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 62,778 shares of the exchange traded fund’s stock after selling 3,601 shares during the quarter. Invesco QQQ comprises about 9.7% of RIA Advisory Group LLC’s investment portfolio, making the stock its largest position. RIA Advisory Group LLC’s holdings in Invesco QQQ were worth $37,690,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of QQQ. JPMorgan Chase & Co. boosted its stake in Invesco QQQ by 42.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock worth $2,700,424,000 after acquiring an additional 1,457,109 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco QQQ by 0.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,223,327 shares of the exchange traded fund’s stock valued at $1,778,116,000 after purchasing an additional 22,220 shares during the period. HRT Financial LP increased its stake in Invesco QQQ by 118.3% in the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after purchasing an additional 1,704,600 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Invesco QQQ by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock valued at $1,843,749,000 after purchasing an additional 8,038 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Invesco QQQ by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock worth $1,792,901,000 after purchasing an additional 64,025 shares during the period. 44.58% of the stock is owned by institutional investors.
Invesco QQQ Price Performance
Shares of NASDAQ QQQ opened at $594.85 on Thursday. The company’s fifty day moving average is $611.91 and its 200-day moving average is $609.22. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01.
Invesco QQQ Increases Dividend
Invesco QQQ News Summary
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Invesco expanded its product lineup with two new ETFs — the Invesco QQQ Equal Weight ETF (QEW) and the Diversified Dividend Opportunities ETF (DVVY) — which can broaden investor choices and potentially redirect inflows into the firm’s Innovation Suite. Balancing Tech & Income: Invesco’s Dual Launch of QEW & DVVY
- Positive Sentiment: The new Invesco QQQ Equal Weight ETF is getting attention as investors seek diversification inside tech exposure — that could ease pressure on cap‑weighted QQQ over time by offering an alternative way to own Nasdaq tech. Invesco QQQ Equal Weight ETF breaking out as investors seek diversification
- Positive Sentiment: Broader bullishness on AI chips — note coverage that NVIDIA forecasts massive chip demand — supports tech ETF narratives and could attract rotation back into QQQ once risk sentiment stabilizes. ETFs to Gain as NVIDIA Views $1 Trillion in Chip Orders by 2027
- Neutral Sentiment: Options flow shows institutional traders accumulating QQQ contracts; some traders are using strangles to profit from volatility rather than direction — this implies larger moves are possible but direction is uncertain. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot the Next Market Meltdown Winner
- Neutral Sentiment: VIX behavior is mixed — some pieces note the fear gauge falling despite global chaos, which complicates immediate directional bets on QQQ until volatility metrics settle. The VIX Is Falling Despite Global Chaos — Here’s What the Fear Gauge Is Actually Telling You
- Negative Sentiment: Escalating geopolitical tensions (U.S.–Iran) and rising oil prices are pushing investors away from risk assets; commentary warns that energy-driven inflation and supply disruptions could pressure growth stocks in QQQ. The Economic Consequences Of The Iran War
- Negative Sentiment: Macro concerns — rising inflation expectations and the risk of higher Treasury yields (some pieces flag a potential 6% 10‑year scenario) — weigh on long-duration growth names that dominate QQQ. A 6-percent 10-Year Treasury Rate Is A Potential 2026 Black Swan
Invesco QQQ Company 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
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
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