Iron Gate Global Advisors LLC Trims Position in Invesco QQQ $QQQ

Key Points

• Iron Gate Global Advisors sharply reduced its Invesco QQQ stake by 84.6% in the fourth quarter, selling 42,433 shares and ending with 7,748 shares worth about $4.76 million.
• Despite that sale, QQQ remains widely held by institutions, with hedge funds and other institutional investors owning 44.58% of the ETF. Several firms added to their positions during the quarter, including Engineers Gate Manager LP, which increased its stake significantly.
• The article notes mixed sentiment around QQQ: ongoing investor interest in tech and growth supports the fund, but Fed uncertainty and concerns about stretched Nasdaq valuations could weigh on growth-focused ETFs.

Iron Gate Global Advisors LLC cut its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 84.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,748 shares of the exchange traded fund's stock after selling 42,433 shares during the quarter. Invesco QQQ accounts for about 0.5% of Iron Gate Global Advisors LLC's portfolio, making the stock its 23rd largest holding. Iron Gate Global Advisors LLC's holdings in Invesco QQQ were worth $4,759,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of QQQ. Gotham Asset Management LLC grew its stake in shares of Invesco QQQ by 0.5% during the 4th quarter. Gotham Asset Management LLC now owns 103,627 shares of the exchange traded fund's stock worth $63,659,000 after purchasing an additional 547 shares during the period. Evolve Private Wealth LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $5,422,000. Engineers Gate Manager LP grew its stake in shares of Invesco QQQ by 54.6% during the 4th quarter. Engineers Gate Manager LP now owns 399,690 shares of the exchange traded fund's stock worth $245,534,000 after purchasing an additional 141,130 shares during the period. Chicago Wealth Management Inc. grew its stake in shares of Invesco QQQ by 3.0% during the 4th quarter. Chicago Wealth Management Inc. now owns 16,730 shares of the exchange traded fund's stock worth $10,277,000 after purchasing an additional 484 shares during the period. Finally, Claro Advisors Inc. grew its stake in shares of Invesco QQQ by 2.0% during the 4th quarter. Claro Advisors Inc. now owns 25,232 shares of the exchange traded fund's stock worth $15,500,000 after purchasing an additional 488 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Invesco QQQ

Here are the key news stories impacting Invesco QQQ this week:

• Positive Sentiment: Broad market sentiment was helped by continued interest in growth and tech exposure, including articles noting QQQ as a popular way to access the Nasdaq-100 and its mega-cap tech holdings. VOO vs. QQQ — Which Strong Buy-Rated ETF Should You Choose Now?
• Positive Sentiment: SpaceX’s strong Nasdaq debut also kept investor attention on high-growth, innovation-led names, which can support sentiment toward Nasdaq-heavy funds like QQQ. Stock Market Today: Dow Waffles Ahead Of Fed Decision, Warsh Remarks; SpaceX Rally Continues (Live Coverage)
• Neutral Sentiment: Several pieces framed QQQ as a benchmark for tech investing versus lower-fee or more specialized ETFs, but these were mostly educational comparisons rather than direct catalysts. Forget QQQ. The Pure Tech Fund Charges a Quarter of the Fee and Has Gained 33% in 2026
• Neutral Sentiment: Midday market coverage showed broad ETFs mixed, suggesting a lack of strong directional conviction in the overall market backdrop. Exchange-Traded Funds, US Equities Mixed After Midday
• Negative Sentiment: Fed-related coverage is adding caution, with investors focused on Kevin Warsh’s first FOMC meeting and the risk of a more hawkish stance on rates, which can pressure growth stocks and Nasdaq-heavy ETFs. Fed Chair Warsh in the Spotlight: Will He Advocate Rate Cuts?
• Negative Sentiment: Another Fed-focused article noted the central bank’s statement was unusually terse and lacked forward guidance, increasing uncertainty around the rate path and weighing on risk assets. New Era for the Fed: Kevin Warsh at the FOMC
• Negative Sentiment: Some commentary argued valuations are stretched for Nasdaq and tech exposure, including claims that alternative funds may offer cheaper or stronger returns than QQQ, which can dampen sentiment. QTUM vs. QQQ: Does the Quantum-Computing ETF Beat Just Buying the Nasdaq-100?

Invesco QQQ Stock Down 1.0%

Shares of NASDAQ QQQ opened at $722.51 on Thursday. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65. The firm's 50 day simple moving average is $689.67 and its 200-day simple moving average is $637.91.

Invesco QQQ Cuts Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.4%.

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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