Frank Rimerman Advisors LLC Has $90.93 Million Position in Invesco QQQ $QQQ

Key Points

• Frank Rimerman Advisors LLC cut its QQQ stake by 3% in Q4 and now holds 148,015 shares valued at $90.927 million, making QQQ its second-largest holding at 5.8% of the firm's portfolio.
• QQQ recently traded near $584.31 with 50‑day/200‑day SMAs of $603.55/$609.38 and a one‑year range of $402.39–$637.01; the ETF paid a $0.7328 quarterly dividend (annualized $2.93), about a 0.5% yield.
• Market sentiment is mixed: AI/tech exposure and easing geopolitical fears support longer‑term bullishness, but Iran tensions, cooling economic data, and unusual options flow raise the risk of near‑term volatility.

Frank Rimerman Advisors LLC lowered its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 148,015 shares of the exchange traded fund's stock after selling 4,562 shares during the quarter. Invesco QQQ accounts for 5.8% of Frank Rimerman Advisors LLC's portfolio, making the stock its 2nd biggest holding. Frank Rimerman Advisors LLC's holdings in Invesco QQQ were worth $90,927,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund's stock worth $19,605,000 after purchasing an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund's stock worth $2,687,000 after buying an additional 176 shares during the period. Jupiter Wealth Management LLC bought a new stake in Invesco QQQ during the 2nd quarter valued at about $290,000. Wealth Group Ltd. lifted its holdings in Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund's stock valued at $13,587,000 after buying an additional 18,210 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its position in Invesco QQQ by 37.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,644 shares of the exchange traded fund's stock valued at $3,113,000 after buying an additional 1,551 shares during the period. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $584.31 on Thursday. The company's 50-day simple moving average is $603.55 and its two-hundred day simple moving average is $609.38. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.5%.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Broad-market ETFs and equity futures rallied on hopes of de‑escalation in Iran, which helped lift major tech‑heavy ETFs including QQQ and supported a risk-on move across index funds. Exchange-Traded Funds, Equity Futures Gain Pre-Bell Wednesday as Iran War De-Escalation Hopes Drive Sentiment
• Positive Sentiment: Longer-term bulls point to the Nasdaq‑100’s historical five‑year outperformance and QQQ’s heavy AI/tech exposure as reasons QQQ could outperform over a multi‑year horizon. This supports buy‑and‑hold demand despite near‑term swings. Buy This Nasdaq Index Fund. History Says It Could Soar More Than 100% in 5 Years.
• Positive Sentiment: Recent 12‑month performance context: QQQ has delivered strong trailing returns versus many ETFs, keeping it on investors’ radars as a core growth vehicle. The Vanguard ETF Up About 28% in the Past Year That Almost Nobody Outside of Income Investors Knows
• Neutral Sentiment: Unusual options flow and institutional activity in QQQ suggest traders are positioning for a large move; that can amplify volatility and produce outsized intraday swings in either direction. Monitor options skew and open interest. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot the Next Market Meltdown Winner
• Negative Sentiment: Macro and geopolitical downside risks persist: several market commentaries warn that relief rallies may be fragile and that renewed Iran‑related tensions could reverse the recent bounce, pressuring tech‑heavy QQQ. Sell The Rally - There Is No Easy Way Out Of Iran War
• Negative Sentiment: Economic signals — cooler jobs data and labor‑market caution — raise the risk that growth stocks could underperform if confidence and earnings momentum weaken. Those readings are a headwind for QQQ. Layoffs Closer To Drought Than Deluge: What 3 Sources Show About Jobs

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.

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