Darwin Wealth Management LLC reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,243 shares of the exchange traded fund’s stock after selling 833 shares during the quarter. Invesco QQQ makes up about 2.7% of Darwin Wealth Management LLC’s holdings, making the stock its 8th largest position. Darwin Wealth Management LLC’s holdings in Invesco QQQ were worth $8,750,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Sovran Advisors LLC lifted its holdings in Invesco QQQ by 8.0% during the fourth quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after acquiring an additional 1,340 shares during the period. Fifth Third Securities Inc. lifted its holdings in Invesco QQQ by 2.6% during the third quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock worth $65,959,000 after acquiring an additional 2,822 shares during the period. SK Wealth Management LLC bought a new stake in Invesco QQQ during the third quarter worth $803,000. Corepath Wealth Partners LLC lifted its holdings in Invesco QQQ by 19.7% during the fourth quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after acquiring an additional 1,436 shares during the period. Finally, Great Point Wealth Advisors LLC bought a new stake in Invesco QQQ during the third quarter worth $507,000. 44.58% of the stock is currently owned by institutional investors.
Invesco QQQ Price Performance
NASDAQ:QQQ opened at $610.19 on Friday. The business has a fifty day simple moving average of $599.56 and a two-hundred day simple moving average of $609.29. Invesco QQQ has a 1 year low of $427.93 and a 1 year high of $637.01.
Invesco QQQ Cuts Dividend
Trending Headlines about Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Geopolitical de‑escalation boosted tech demand — broad market relief after a US‑Iran ceasefire lifted risk appetite and helped QQQ recover; Nasdaq/QQQ saw strong gains on the news. Stocks Finish Sharply Higher on US-Iran Ceasefire
- Positive Sentiment: Analysts point to tech ETFs as primary beneficiaries if truce holds — commentary highlights ETFs tied to megacap tech (QQQ peers) as poised to outperform on easing geopolitical risk and softer rate expectations. Tech ETFs to Soar on “Fragile” Truce Hopes in Iran War?
- Positive Sentiment: Technical breakout in QQQ noted — chart analysts flag key levels to watch and say QQQ’s recent move shows momentum that can attract swing/trend buyers. 3 Key Levels to Watch as QQQ Breaks Out
- Neutral Sentiment: Retail investor sentiment is less pessimistic — AAII survey shows retreat in bearishness, which can support momentum but is not a guarantee of continued gains. AAII Sentiment Survey: Pessimism Retreats
- Neutral Sentiment: Macro backdrop mixed — some analysts expect Q1 GDP to rebound (supportive for cyclical/tech exposure) but warn the ceasefire leaves the outlook uncertain. This creates a two‑way market dynamic for QQQ. Q1 GDP Poised For Rebound As Fragile Ceasefire Clouds Outlook
- Negative Sentiment: Inflation and growth revisions weaken the “easy path” to cuts — Q4 GDP was revised down and February PCE showed no relief on inflation, which raises the risk that policy remains tighter for longer and hurts growth/style‑sensitive QQQ. Q4 GDP Revision And February PCE: Growth Revised Down, No Relief On Inflation
- Negative Sentiment: Market is re‑pricing rate‑cut odds — surging Treasury trading suggests investors are less certain on near‑term Fed easing; that uncertainty is a headwind for high‑multiple tech stocks in QQQ. Treasury Bond Trading Surges As Market Rethinks Likelihood Of Rate Cuts
- Negative Sentiment: Several market commentaries warn the ceasefire could be fragile and a rally may reverse — watch headlines: a renewed shock would quickly pressure QQQ. Ceasefire? I Don’t Buy It, And Neither Should Markets
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.
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