Invesco QQQ $QQQ is Altus Wealth Management LLC's 2nd Largest Position

Key Points

• Altus Wealth Management LLC trimmed its stake in Invesco QQQ by 3.4% in Q4 to 64,389 shares worth $39.56 million, making it 17.1% of the firm's portfolio and its second-largest holding.
• QQQ has rallied on recent geopolitical de‑escalation and technical momentum (opened at $610.19; 12‑month range $427.93–$637.01), but mixed macro data and re‑priced rate‑cut odds remain headwinds for high‑multiple tech exposure.

Altus Wealth Management LLC lowered its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 64,389 shares of the exchange traded fund's stock after selling 2,236 shares during the quarter. Invesco QQQ accounts for 17.1% of Altus Wealth Management LLC's portfolio, making the stock its 2nd biggest holding. Altus Wealth Management LLC's holdings in Invesco QQQ were worth $39,555,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Well Done LLC lifted its holdings in shares of Invesco QQQ by 0.5% in the 4th quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund's stock worth $2,113,000 after buying an additional 16 shares during the period. Orgel Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 4.7% in the 3rd quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund's stock worth $229,000 after buying an additional 17 shares during the period. Enclave Advisors LLC lifted its holdings in shares of Invesco QQQ by 0.9% in the 3rd quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund's stock worth $1,099,000 after buying an additional 17 shares during the period. IFS Advisors LLC lifted its holdings in shares of Invesco QQQ by 4.1% in the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund's stock worth $259,000 after buying an additional 17 shares during the period. Finally, Mezzasalma Advisors LLC lifted its holdings in shares of Invesco QQQ by 0.5% in the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund's stock worth $1,988,000 after buying an additional 17 shares during the period. Hedge funds and other institutional investors own 44.58% of the company's stock.

More Invesco QQQ News

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

• Positive Sentiment: Geopolitical de‑escalation boosted tech demand — broad market relief after a US‑Iran ceasefire lifted risk appetite and helped QQQ recover; Nasdaq/QQQ saw strong gains on the news. Stocks Finish Sharply Higher on US-Iran Ceasefire
• Positive Sentiment: Analysts point to tech ETFs as primary beneficiaries if truce holds — commentary highlights ETFs tied to megacap tech (QQQ peers) as poised to outperform on easing geopolitical risk and softer rate expectations. Tech ETFs to Soar on "Fragile" Truce Hopes in Iran War?
• Positive Sentiment: Technical breakout in QQQ noted — chart analysts flag key levels to watch and say QQQ’s recent move shows momentum that can attract swing/trend buyers. 3 Key Levels to Watch as QQQ Breaks Out
• Neutral Sentiment: Retail investor sentiment is less pessimistic — AAII survey shows retreat in bearishness, which can support momentum but is not a guarantee of continued gains. AAII Sentiment Survey: Pessimism Retreats
• Neutral Sentiment: Macro backdrop mixed — some analysts expect Q1 GDP to rebound (supportive for cyclical/tech exposure) but warn the ceasefire leaves the outlook uncertain. This creates a two‑way market dynamic for QQQ. Q1 GDP Poised For Rebound As Fragile Ceasefire Clouds Outlook
• Negative Sentiment: Inflation and growth revisions weaken the “easy path” to cuts — Q4 GDP was revised down and February PCE showed no relief on inflation, which raises the risk that policy remains tighter for longer and hurts growth/style‑sensitive QQQ. Q4 GDP Revision And February PCE: Growth Revised Down, No Relief On Inflation
• Negative Sentiment: Market is re‑pricing rate‑cut odds — surging Treasury trading suggests investors are less certain on near‑term Fed easing; that uncertainty is a headwind for high‑multiple tech stocks in QQQ. Treasury Bond Trading Surges As Market Rethinks Likelihood Of Rate Cuts
• Negative Sentiment: Several market commentaries warn the ceasefire could be fragile and a rally may reverse — watch headlines: a renewed shock would quickly pressure QQQ. Ceasefire? I Don't Buy It, And Neither Should Markets

Invesco QQQ Trading Up 0.7%

Shares of QQQ stock opened at $610.19 on Friday. Invesco QQQ has a twelve month low of $427.93 and a twelve month high of $637.01. The stock has a fifty day simple moving average of $599.56 and a two-hundred day simple moving average of $609.29.

Invesco QQQ Cuts Dividend

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

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.

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