Sigma Planning Corp reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 13.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 105,629 shares of the exchange traded fund’s stock after selling 16,671 shares during the quarter. Invesco QQQ accounts for about 1.7% of Sigma Planning Corp’s holdings, making the stock its 5th biggest holding. Sigma Planning Corp’s holdings in Invesco QQQ were worth $60,967,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of QQQ. University of Texas Texas AM Investment Management Co. acquired a new position in Invesco QQQ during the fourth quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 43 shares in the last quarter. Shcp LLC bought a new position in Invesco QQQ in the 3rd quarter valued at approximately $27,000. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ in the 4th quarter valued at approximately $29,000. Finally, Islay Capital Management LLC acquired a new stake in Invesco QQQ in the fourth quarter valued at approximately $32,000. 44.58% of the stock is owned by institutional investors and hedge funds.
Invesco QQQ Stock Up 1.1%
NASDAQ QQQ opened at $719.71 on Wednesday. The firm’s fifty day moving average price is $720.06 and its two-hundred day moving average price is $651.59. Invesco QQQ has a fifty-two week low of $551.56 and a fifty-two week high of $748.65.
Invesco QQQ Increases Dividend
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Soft June CPI data is easing fears of additional aggressive Fed rate hikes, which supports valuation-sensitive growth stocks and ETFs like QQQ. June CPI Shakes Up 2026 Rate Hike Odds
- Positive Sentiment: Multiple market commentaries say cooling inflation is undercutting the hawkish case and helping stocks rise, reinforcing the broader tailwind for the Nasdaq-100. CPI Fell In June, Fed Rate Hike Chance Plunges, Stocks Rise
- Positive Sentiment: Market breadth has remained constructive, with broad equity ETFs higher and U.S. equities mixed-to-firm after midday trading, suggesting ongoing support for large-cap tech exposure. Exchange-Traded Funds Higher, US Equities Mixed After Midday Tuesday
- Neutral Sentiment: Several articles focused on QQQ’s role as a diversified way to gain indirect exposure to SpaceX, but this is more of a portfolio-positioning theme than a direct driver of today’s move. Want to Invest in SpaceX? Don’t Buy the Stock.
- Neutral Sentiment: Comparisons with income ETFs such as JEPQ and QQQI highlight QQQ’s stronger long-term total return versus covered-call strategies, but these pieces are mainly educational and not immediate catalysts. The Monthly Check Trap: How JEPQ’s Covered-Call Strategy Left Investors 12.57% Behind QQQ in Just Five Years
- Negative Sentiment: Some commentary warns that inflation relief could prove temporary, which would revive rate-hike concerns and pressure growth stocks if bond yields rise again. June CPI: Inflation Decline Likely To Be Short-Lived
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.
Further Reading
- Five stocks we like better than Invesco QQQ
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
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).
Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.
