Elevation Wealth Partners LLC grew its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 123.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,921 shares of the exchange traded fund’s stock after buying an additional 1,616 shares during the quarter. Elevation Wealth Partners LLC’s holdings in Invesco QQQ were worth $1,794,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of QQQ. Fifth Third Securities Inc. raised its position in shares of Invesco QQQ by 2.6% during the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock worth $65,959,000 after purchasing an additional 2,822 shares during the last quarter. SK Wealth Management LLC purchased a new position in Invesco QQQ in the 3rd quarter valued at about $803,000. Great Point Wealth Advisors LLC acquired a new stake in Invesco QQQ in the 3rd quarter worth about $507,000. Strengthening Families & Communities LLC acquired a new stake in Invesco QQQ in the 3rd quarter worth about $10,771,000. Finally, Coyle Financial Counsel LLC increased its stake in Invesco QQQ by 4.9% during the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after buying an additional 2,035 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.
Invesco QQQ Price Performance
Shares of Invesco QQQ stock opened at $588.00 on Tuesday. The business has a 50 day simple moving average of $609.68 and a two-hundred day simple moving average of $609.87. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.
Invesco QQQ Cuts Dividend
Key Stories Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Analysts at Evercore argue recent political headlines may have created a short‑term “bear trap,” helping spur a rebound in growth stocks and lift QQQ as traders cover shorts and rotate back into megacap tech. Trump may have caught investors in a ‘bear trap’: Evercore
- Positive Sentiment: Zacks highlights a bullish asymmetric reward‑to‑risk for QQQ after an extended Nasdaq pullback, arguing history favors buying dips — a view that supports fresh inflows into the ETF if momentum confirms. QQQ: Bullish Asymmetric Reward-to-Risk Here
- Positive Sentiment: TipRanks reports QQQ jumped in pre‑market trade (roughly ~1.9%), indicating immediate short‑term buying interest likely tied to the narratives above and intraday positioning. Invesco QQQ Trust ETF (QQQ) Daily Update, 3/23/2026
- Positive Sentiment: Retail‑facing pieces (The Motley Fool / Yahoo) advocate buying QQQ during the sell‑off based on historical recoveries, which can boost retail flows and sentiment into the ETF. Should You Buy the Invesco QQQ ETF During the Stock Market Sell-Off? History Offers a Clear Answer.
- Neutral Sentiment: QQQ announced a quarterly dividend of $0.7328 (ex‑dividend March 23, payable March 27) — modest income support but unlikely to be a major price driver given the low yield (~0.5%).
- Neutral Sentiment: Macro and technical context: analyses note the Nasdaq 100 has pulled back significantly from record highs, creating both opportunity and uncertainty depending on broader market direction. What next for the Nasdaq 100 Index and QQQ, VGT, and VGT ETFs?
- Negative Sentiment: Bearish takes remain: several Seeking Alpha pieces warn of a potential new bear market and central‑bank‑induced volatility — themes that could reaccelerate outflows from growth‑heavy ETFs like QQQ if risk sentiment deteriorates. The Next Bear Market May Have Just Begun Central Banks Spook The Market
About Invesco QQQ
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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