Bank Pictet & Cie Europe AG reduced its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 22.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,941 shares of the exchange traded fund’s stock after selling 11,090 shares during the period. Bank Pictet & Cie Europe AG’s holdings in Invesco QQQ were worth $23,213,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Goodman Advisory Group LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $25,000. Shcp LLC bought a new position in shares of Invesco QQQ in the third quarter valued at approximately $27,000. Navigoe LLC grew its holdings in shares of Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 45 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Invesco QQQ during the third quarter valued at approximately $40,000. Finally, PayPay Securities Corp lifted its holdings in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.
Invesco QQQ News Summary
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Broad-market ETFs and equity futures rallied on hopes of de‑escalation in Iran, which helped lift major tech‑heavy ETFs including QQQ and supported a risk-on move across index funds. Exchange-Traded Funds, Equity Futures Gain Pre-Bell Wednesday as Iran War De-Escalation Hopes Drive Sentiment
- Positive Sentiment: Longer-term bulls point to the Nasdaq‑100’s historical five‑year outperformance and QQQ’s heavy AI/tech exposure as reasons QQQ could outperform over a multi‑year horizon. This supports buy‑and‑hold demand despite near‑term swings. Buy This Nasdaq Index Fund. History Says It Could Soar More Than 100% in 5 Years.
- Positive Sentiment: Recent 12‑month performance context: QQQ has delivered strong trailing returns versus many ETFs, keeping it on investors’ radars as a core growth vehicle. The Vanguard ETF Up About 28% in the Past Year That Almost Nobody Outside of Income Investors Knows
- Neutral Sentiment: Unusual options flow and institutional activity in QQQ suggest traders are positioning for a large move; that can amplify volatility and produce outsized intraday swings in either direction. Monitor options skew and open interest. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot the Next Market Meltdown Winner
- Negative Sentiment: Macro and geopolitical downside risks persist: several market commentaries warn that relief rallies may be fragile and that renewed Iran‑related tensions could reverse the recent bounce, pressuring tech‑heavy QQQ. Sell The Rally – There Is No Easy Way Out Of Iran War
- Negative Sentiment: Economic signals — cooler jobs data and labor‑market caution — raise the risk that growth stocks could underperform if confidence and earnings momentum weaken. Those readings are a headwind for QQQ. Layoffs Closer To Drought Than Deluge: What 3 Sources Show About Jobs
Invesco QQQ Price Performance
Invesco QQQ Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.
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.
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).
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.
