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

Smith Salley Wealth Management boosted its position in Invesco QQQ (NASDAQ:QQQ) by 32.8% during the 3rd quarter, according to its most recent 13F 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in QQQ. Morgan Dempsey Capital Management LLC purchased a new stake in shares of Invesco QQQ in the 2nd quarter valued at about $30,000. Navigoe LLC increased its position in shares of Invesco QQQ by 300.0% in 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 last quarter. Marshall & Sullivan Inc. WA purchased a new stake in Invesco QQQ in the second quarter valued at approximately $41,000. Moser Wealth Advisors LLC lifted its position in Invesco QQQ by 930.0% during 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 last quarter. Finally, Canoe Financial LP bought a new stake in Invesco QQQ during the third quarter valued at approximately $64,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Invesco QQQ

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 Price Performance

Shares of NASDAQ:QQQ opened at $619.43 on Wednesday. The company’s fifty day moving average price is $616.60 and its 200-day moving average price 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a $0.7941 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, December 22nd.

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.