Valmark Advisers Inc. lowered its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 6.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,191 shares of the exchange traded fund’s stock after selling 825 shares during the quarter. Valmark Advisers Inc.’s holdings in Invesco QQQ were worth $6,874,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its position in shares of 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 buying an additional 8,038 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of 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 valued at $1,792,901,000 after buying an additional 64,025 shares in the last quarter. Analyst IMS Investment Management Services Ltd. increased its position in shares of Invesco QQQ by 68.6% in the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after buying an additional 712,026 shares in the last quarter. US Bancorp DE increased its position in shares of Invesco QQQ by 0.5% in the third quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock valued at $827,346,000 after buying an additional 7,378 shares in the last quarter. Finally, Maxi Investments CY Ltd increased its position in shares of Invesco QQQ by 8.1% in the third quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock valued at $741,457,000 after buying an additional 92,700 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Trending Headlines about Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Daily ETF flows show QQQ among the top net inflows, supporting demand for Nasdaq exposure and helping lift the ETF. Daily ETF Flows: QQQ SMH Top The List
- Positive Sentiment: Options flow and unusual activity on QQQ point to institutional accumulation and hedged bets (strangles/straddles); that can amplify moves higher as gamma and delta hedging kicks in. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot the Next Market Meltdown Winner
- Positive Sentiment: Articles note “smart money” deploying fresh capital and pockets of buying in tech — constructive for QQQ given its heavy tech weighting. Smart Money Is Deploying Fresh Capital
- Neutral Sentiment: Market commentary highlights a rebound driven by complacency rather than broad conviction, which can support near?term gains but raises risk of a quick reversal. Market Rebounds As Investor Complacency Reigns
- Negative Sentiment: Geopolitical escalation around the Strait of Hormuz (Iran/Hormuz siege and blockade coverage) increases oil and commodity volatility and tends to push flows away from long-duration tech, pressuring QQQ if tensions persist. Iran: A Game Theory Analysis Of The Hormuz Siege
- Negative Sentiment: Rising PPI and energy-driven inflation spikes raise the odds of sticky inflation, which is negative for growth/tech multiples and could cap QQQ upside. PPI Jumps By Over 6% Month-To-Month Annualized For Third Month In A Row; Energy Price Spike Just Latest Wrinkle
- Negative Sentiment: Federal liquidity risks — focus on Fed balance?sheet shrinkage and warnings of a potential large liquidity shock — are cited as downside macro risks that could increase volatility and hurt risk assets like QQQ. With Warsh Confirmation Pending Focus Reverts To Shrinking Fed Balance Sheet
Invesco QQQ Stock Performance
Invesco QQQ Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%.
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.
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