Red Wave Investments LLC Trims Stake in Invesco QQQ $QQQ

Red Wave Investments LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 2.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,430 shares of the exchange traded fund’s stock after selling 991 shares during the quarter. Invesco QQQ accounts for 6.2% of Red Wave Investments LLC’s portfolio, making the stock its 3rd largest position. Red Wave Investments LLC’s holdings in Invesco QQQ were worth $20,070,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Forefront Wealth Management Inc. lifted its holdings in shares of Invesco QQQ by 11.1% in the 3rd quarter. Forefront Wealth Management Inc. now owns 2,734 shares of the exchange traded fund’s stock worth $1,641,000 after acquiring an additional 273 shares during the last quarter. Arlington Trust Co LLC grew its holdings in shares of Invesco QQQ by 4.8% during the 3rd quarter. Arlington Trust Co LLC now owns 1,870 shares of the exchange traded fund’s stock valued at $1,123,000 after purchasing an additional 85 shares during the last quarter. Pinnacle Financial Partners Inc raised its position in Invesco QQQ by 2.9% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 27,790 shares of the exchange traded fund’s stock worth $16,684,000 after purchasing an additional 775 shares during the period. Charter Capital Management LLC DE purchased a new position in Invesco QQQ in the 3rd quarter worth $526,000. Finally, Professional Financial Advisors LLC lifted its stake in Invesco QQQ by 9.1% in the third quarter. Professional Financial Advisors LLC now owns 3,054 shares of the exchange traded fund’s stock worth $1,834,000 after purchasing an additional 255 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $621.26 on Friday. The company has a 50-day simple moving average of $616.40 and a two-hundred day simple moving average of $595.42. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01.

Invesco QQQ Increases Dividend

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

More Invesco QQQ News

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

• Positive Sentiment: Short-term catalyst — QQQ rose on 1/16 after strength in semiconductors (notably Taiwan Semiconductor) helped the Nasdaq-100 recover, supporting near-term demand for tech-heavy QQQ. Invesco QQQ Trust ETF (QQQ) Daily Update, 1/16/2026
• Positive Sentiment: Investor sentiment lift — AAII’s survey shows a jump in bullish sentiment, which can support flows into broad risk assets and ETFs like QQQ if optimism persists. AAII Sentiment Survey: Bullish Sentiment Jumps
• Positive Sentiment: Macro backdrop possibly supportive — some forecasts expect growth to surprise to the upside in 2026, which would favor growth/tech exposures that dominate QQQ. Economic Forecast 2026: Growth Will Defy Slowdown Fears
• Neutral Sentiment: Product competition — income/option-overlay Nasdaq products (e.g., QQQI, JEPQ) are attracting yield-focused investors; this could siphon some flows from plain QQQ but also appeal to different investor goals. 3 Elite ETFs for Compound-Focused Investors
• Neutral Sentiment: Rates/yield-curve uncertainty — analysis arguing the yield curve will surprise investors introduces dispersion in outcomes for growth stocks; impact on QQQ depends on how rates move. It’s The Yield Curve: Why 2026 Will Surprise Investors
• Negative Sentiment: Recent weakness — QQQ fell earlier in the week (1/15) amid pressure on large-cap tech, reflecting profit-taking and volatility that can push the ETF lower. Invesco QQQ Trust ETF (QQQ) Daily Update, 1/15/2026
• Negative Sentiment: Correction risk flagged — technical/market-strategy commentary warns a break in broad-market levels (SPY) could trigger a larger correction, which would hit QQQ hard given its concentration in mega-cap growth. This Bull Run Looks Tired: If SPY Breaks Below $685, A Big Correction May Be Next
• Negative Sentiment: Flow rotation — reports of money rotating out of big tech into small caps suggest a structural headwind for QQQ if the rotation accelerates. The Great Rotation: Money Flows Out Of Big Tech And Into Small Caps

Invesco QQQ Company 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.