TCM Advisors LLC reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 10.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 56,652 shares of the exchange traded fund’s stock after selling 6,449 shares during the period. Invesco QQQ makes up about 3.6% of TCM Advisors LLC’s holdings, making the stock its 3rd largest holding. TCM Advisors LLC’s holdings in Invesco QQQ were worth $34,012,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in QQQ. Brighton Jones LLC grew its position in shares of Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after acquiring an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the last quarter. Jupiter Wealth Management LLC acquired a new position in Invesco QQQ during the 2nd quarter valued at about $290,000. Wealth Group Ltd. boosted its stake in Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after purchasing an additional 18,210 shares during the period. Finally, Nordwand Advisors LLC grew its position in Invesco QQQ by 669.2% in the 2nd quarter. Nordwand Advisors LLC now owns 300 shares of the exchange traded fund’s stock worth $165,000 after purchasing an additional 261 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Demand drivers: NVIDIA’s bullish chip outlook lifts AI-related ETFs (beneficial to QQQ’s heavy semiconductor/AI exposure). ETFs to Gain as NVIDIA Views $1 Trillion in Chip Orders by 2027
- Positive Sentiment: Invesco product expansion: launches of QEW (QQQ Equal‑Weight ETF) and DVVY broaden Invesco’s suite and give investors new ways to express tech exposure/diversification—could attract flows that indirectly help QQQ brand recognition. Balancing Tech & Income: Invesco’s Dual Launch of QEW & DVVY
- Positive Sentiment: Technical/support case: chart watchers note QQQ nearing key trendlines and some bullish technical setups that could attract dip buyers. Bullish Returns for QQQ as ETF Nears Key Trendline
- Neutral Sentiment: Unusual options activity: institutional accumulation and elevated options flow into QQQ signal bigger moves/hedging interest — increases volume and volatility risk but not a directional certainty. One Member Turned Volatility Into 536% in a Day…
- Neutral Sentiment: Mixed macro commentary: several analyst pieces highlight both bullish technical setups and structural risks—this keeps positioning conflicted and trading choppy. Bullish Technical Setup Vs. Fundamental Crash Risks
- Negative Sentiment: Fed guidance: the new dot‑plot and FOMC tone imply only limited rate cuts (one this year, one in 2027) — markets interpret this as higher‑for‑longer policy, which pressures growth and tech multiples. New Fed “Dot Plot” Sends Markets Sliding
- Negative Sentiment: Hot wholesale inflation: February PPI rose sharply, raising odds of tighter policy persistence and squeezing high‑multiple tech valuations that dominate QQQ. Producer Price Index: Wholesale Inflation Up 0.7% In February
- Negative Sentiment: Geopolitical/oil shock risk: Iran‑related tensions and rising oil prices are fueling risk‑off flows and rotation into energy/commodities, which typically weighs on growth‑oriented ETFs like QQQ. Already Broken: The Pre-War Cracks That Could Make The Oil Shock The Final Blow
- Negative Sentiment: “Rates higher for longer” and stagflation warnings from multiple macro pieces increase recession/earnings risk for tech-heavy indexes, reinforcing risk‑off positioning. Rates Will Be Higher For Longer
Invesco QQQ Stock Performance
Invesco QQQ Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a $0.7941 dividend. The ex-dividend date was Monday, December 22nd. This represents a $3.18 annualized dividend and a yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69.
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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