Smith Salley Wealth Management Acquires 1,486 Shares of Invesco QQQ $QQQ

Smith Salley Wealth Management increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 32.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,019 shares of the exchange traded fund’s stock after purchasing an additional 1,486 shares during the quarter. Smith Salley Wealth Management’s holdings in Invesco QQQ were worth $3,614,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Morgan Dempsey Capital Management LLC acquired a new stake in Invesco QQQ during the 2nd quarter worth approximately $30,000. Navigoe LLC lifted its holdings in shares of Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 45 shares during the period. Marshall & Sullivan Inc. WA bought a new stake in shares of Invesco QQQ in the second quarter worth $41,000. Moser Wealth Advisors LLC increased its holdings in Invesco QQQ by 930.0% in the second quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 93 shares during the period. Finally, Canoe Financial LP bought a new position in Invesco QQQ during the 3rd quarter worth $64,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Invesco QQQ News

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

• Positive Sentiment: Big-money interest: Reports say legendary hedge funds are increasing allocations to large-cap tech and growth ETFs, a flow dynamic that can support QQQ’s price given its heavy tech weighting. Legendary Hedge Funds Are Piling Into These ETFs
• Positive Sentiment: Bull case for broader market: A bullish Seeking Alpha outlook projects a much stronger S&P 500 in 2026, which would likely lift large-cap tech and QQQ exposure if realized. 2026 S&P 500 Outlook: Why The Index Will Hit 8,300
• Positive Sentiment: AI tailwinds remain a key support: Analysis reflecting on the 2025 AI surge highlights durable themes that benefit the Nasdaq-heavy QQQ composition (software, semis, cloud). Continued AI adoption would favor QQQ leadership. Reflecting On The 2025 AI Stock Surge: Key Themes To Watch In 2026
• Neutral Sentiment: ETF status update: A TipRanks daily note shows QQQ modestly weaker in pre-market trade — useful short-term color but not a directional catalyst on its own. QQQ ETF Daily Update, 12-30-2025
• Neutral Sentiment: Mixed macro/valuation views: Several market outlook pieces highlight sector rotation and valuation/technical concerns — these are watchlists for QQQ but contain both upside and downside scenarios. 2026 Market & Economic Outlook: Valuation & Technical Concerns
• Neutral Sentiment: Sector skew expected: Analysts expect uneven sector growth in 2026 — outcomes for QQQ depend on whether tech/AI continue to outperform consumer or cyclicals. S&P 500 2026 Market Outlook: Sector Growth Expected To Be Skewed
• Negative Sentiment: Correction risk flagged: A Seeking Alpha piece lists three reasons to prepare for a 2026 correction — higher volatility or a pullback would disproportionately hit growth-heavy QQQ. Outlook For 2026: Three Reasons I Am Preparing For A Correction
• Negative Sentiment: Macro warning signal: An article on the Dow/gold ratio argues a major warning signal has triggered — if risk-off sentiment rises, QQQ could see outsized weakness. The Dow Jones To Gold Ratio Just Triggered A Major 2008-Style Stock Market Warning
• Negative Sentiment: Policy/dollar risk: Analysis on a “new” Fed/dollar regime suggests stronger dollar or tighter policy risks that typically pressure growth/multiple expansion — a headwind for QQQ. The Dollar And The “New” Regime At The Federal Reserve

Invesco QQQ Stock Down 0.2%

Invesco QQQ stock opened at $619.43 on Wednesday. The stock’s 50 day moving average is $616.60 and its 200 day moving average is $588.56. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Increases Dividend

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

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.