Elevation Point Wealth Partners LLC Trims Stock Position in Invesco QQQ $QQQ

Elevation Point Wealth Partners LLC decreased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 35.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,040 shares of the exchange traded fund’s stock after selling 4,505 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Invesco QQQ were worth $4,833,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Fifth Third Securities Inc. grew its position in shares of Invesco QQQ by 2.6% in the third quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after purchasing an additional 2,822 shares during the period. SK Wealth Management LLC purchased a new stake in Invesco QQQ in the 3rd quarter valued at about $803,000. Great Point Wealth Advisors LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter valued at about $507,000. Strengthening Families & Communities LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter worth about $10,771,000. Finally, Coyle Financial Counsel LLC boosted its position in shares of Invesco QQQ by 4.9% in the third quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after acquiring an additional 2,035 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

QQQ stock opened at $593.72 on Friday. The business has a fifty day simple moving average of $613.26 and a 200-day simple moving average of $608.68. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a $0.7941 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 annualized dividend and a dividend yield of 0.5%.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Weaker-than-expected Q4 GDP and durable‑goods data lifted pre‑market futures, supporting momentum for growth‑oriented ETFs like QQQ in early trading. Q4 GDP, Durable Goods Lower than Anticipated
• Positive Sentiment: Pre‑market updates showed QQQ trading higher ahead of the session, indicating some short‑term buying interest into the open. Invesco QQQ Trust ETF (QQQ) Daily Update, 3/13/2026
• Neutral Sentiment: Coverage of equal‑weight alternatives (e.g., QQEW) highlights investor concern about QQQ’s concentration and offers a trade/hedge option — could siphon flows over time but isn’t an immediate outflow driver. Avoid the Top-Heavy S&P 500 With Equal-Weight ETFs
• Neutral Sentiment: Core CPI remained steady (2.4% YoY in the latest release), which reduces near‑term Fed‑shock risk but keeps the macro picture balanced — mixed for high‑beta tech exposure. CPI Keeps Steady at +2.4% YoY
• Negative Sentiment: Broad‑market ETFs were lower midday, signaling risk‑off flows that typically weigh on QQQ given its concentration in large tech names. Exchange-Traded Funds Drop, US Equities Mixed After Midday
• Negative Sentiment: Articles highlighting QQQ’s concentration in the “Magnificent Seven” raise worries about valuation and single‑name risks; that narrative can prompt profit‑taking or rebalancing out of QQQ. MAGS vs QQQ: The Concentrated ETF Bet That Cuts Both Ways

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.