Olde Wealth Management LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) during the 3rd quarter, Holdings Channel reports. The firm bought 9,178 shares of the exchange traded fund’s stock, valued at approximately $5,720,000. Invesco QQQ accounts for approximately 1.8% of Olde Wealth Management LLC’s holdings, making the stock its 13th biggest position.
Other hedge funds have also bought and sold shares of the company. Goodman Advisory Group LLC bought a new position in shares of Invesco QQQ in the third quarter worth about $25,000. Navigoe LLC grew its stake in shares of 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 during the period. PayPay Securities Corp increased its holdings in Invesco QQQ by 78.9% in the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in Invesco QQQ in the 3rd quarter worth approximately $42,000. Finally, Accent Capital Management LLC raised its stake in Invesco QQQ by 43.1% during the 3rd quarter. Accent Capital Management LLC now owns 83 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 25 shares during the period. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Down 0.6%
Shares of NASDAQ:QQQ opened at $593.72 on Friday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01. The firm’s 50 day simple moving average is $613.26 and its two-hundred day simple moving average is $608.43.
Invesco QQQ Increases Dividend
Key Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Weaker-than-expected Q4 GDP and durable‑goods data lifted pre‑market futures, supporting momentum for growth‑oriented ETFs like QQQ in early trading. Q4 GDP, Durable Goods Lower than Anticipated
- Positive Sentiment: Pre‑market updates showed QQQ trading higher ahead of the session, indicating some short‑term buying interest into the open. Invesco QQQ Trust ETF (QQQ) Daily Update, 3/13/2026
- Neutral Sentiment: Coverage of equal‑weight alternatives (e.g., QQEW) highlights investor concern about QQQ’s concentration and offers a trade/hedge option — could siphon flows over time but isn’t an immediate outflow driver. Avoid the Top-Heavy S&P 500 With Equal-Weight ETFs
- Neutral Sentiment: Core CPI remained steady (2.4% YoY in the latest release), which reduces near‑term Fed‑shock risk but keeps the macro picture balanced — mixed for high‑beta tech exposure. CPI Keeps Steady at +2.4% YoY
- Negative Sentiment: Broad‑market ETFs were lower midday, signaling risk‑off flows that typically weigh on QQQ given its concentration in large tech names. Exchange-Traded Funds Drop, US Equities Mixed After Midday
- Negative Sentiment: Articles highlighting QQQ’s concentration in the “Magnificent Seven” raise worries about valuation and single‑name risks; that narrative can prompt profit‑taking or rebalancing out of QQQ. MAGS vs QQQ: The Concentrated ETF Bet That Cuts Both Ways
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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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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