Merit Financial Group LLC Sells 7,516 Shares of Invesco QQQ $QQQ

Key Points

• Merit Financial Group LLC cut its Invesco QQQ stake by 4.1% in Q4, selling 7,516 shares and leaving it with 177,423 shares worth about $108.99 million (QQQ is ~0.9% of Merit’s portfolio and its 24th-largest holding).
• Other institutional investors mostly boosted QQQ positions (institutional ownership ~44.58%), and QQQ is trading near its 12‑month high (~$650) with a low annualized dividend yield (~0.5%), amid mixed market commentary that prizes large‑cap tech momentum but flags Fed and liquidity risks.

Merit Financial Group LLC cut its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 177,423 shares of the exchange traded fund's stock after selling 7,516 shares during the quarter. Invesco QQQ makes up about 0.9% of Merit Financial Group LLC's portfolio, making the stock its 24th largest position. Merit Financial Group LLC's holdings in Invesco QQQ were worth $108,993,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Heritage Wealth Management Inc. boosted its stake in Invesco QQQ by 34.2% during the fourth quarter. Heritage Wealth Management Inc. now owns 1,240 shares of the exchange traded fund's stock worth $762,000 after acquiring an additional 316 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in Invesco QQQ by 3.1% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 63,842 shares of the exchange traded fund's stock worth $39,800,000 after acquiring an additional 1,933 shares in the last quarter. AE Wealth Management LLC boosted its stake in Invesco QQQ by 2.1% during the fourth quarter. AE Wealth Management LLC now owns 77,877 shares of the exchange traded fund's stock worth $47,840,000 after acquiring an additional 1,606 shares in the last quarter. Roof Eidam Maycock Peralta LLC boosted its stake in Invesco QQQ by 0.5% during the fourth quarter. Roof Eidam Maycock Peralta LLC now owns 22,953 shares of the exchange traded fund's stock worth $14,100,000 after acquiring an additional 123 shares in the last quarter. Finally, Whittier Trust Co. boosted its stake in Invesco QQQ by 1.9% during the fourth quarter. Whittier Trust Co. now owns 29,996 shares of the exchange traded fund's stock worth $18,700,000 after acquiring an additional 565 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Wall Street analyst coverage remains constructive on QQQ’s largest holdings, supporting demand for the ETF’s tech‑heavy exposure. Where Will QQQ Be in 12 Months? Wall Street Analysts Have a Clear Answer.
• Positive Sentiment: Macro narrative of “new highs” and record stock performance (led by mega‑cap tech) supports momentum flows into QQQ as investors favor quality growth. New Record: Stocks Doing Well
• Positive Sentiment: Relative comparison with small‑cap growth (IWO) highlights QQQ’s large‑cap tech concentration and lower recent drawdown, making it attractive for investors seeking big‑tech exposure. QQQ vs. IWO: Big Tech Dominance or Small-Cap Potential?
• Neutral Sentiment: AAII sentiment data shows more neutral positioning — less froth than extreme bullishness — which can support steadier flows into broad market ETFs like QQQ. AAII Sentiment Survey: Neutral Sentiment Rises
• Neutral Sentiment: MarketBeat highlights a potential near‑term inflation shock tied to the Iran conflict and oil — this raises volatility risk but is not yet derailing earnings momentum that’s been lifting QQQ. Inflation Shock Ahead? Get Ready for Impact (QQQ)
• Neutral Sentiment: Analysis that the market may be “pricing a happy ending” warns of premature accumulation — a cautionary note but not an immediate catalyst for a reversal. Does the QQQ ETF Have a Bad Case of Premature Accumulation?
• Negative Sentiment: Multiple Seeking Alpha pieces warn of liquidity draining from markets and predict another sizable drawdown (Sell Before May thesis), which could trigger outflows from risk‑on ETFs like QQQ. Liquidity Drain Underway, Will It Even Matter?
• Negative Sentiment: “Sell Before May And Go Away” and bear‑market rally calls argue a renewed selloff is likely in 2026, a headline risk that could accelerate rotation out of growth and into defensives. Sell Before May And Go Away: Why Another Big Market Drawdown Is Likely In 2026
• Negative Sentiment: The Fed is maintaining pressure on policy — sticky/higher rates raise discount‑rate risk for long‑duration tech earnings that dominate QQQ. Federal Reserve Watch: Fed Keeps Pressure On
• Negative Sentiment: Several authors call recent gains a bear‑market rally with the selloff set to resume — a reminder that momentum can reverse quickly and ETFs concentrated in growth names may see sharper drops. It Is Bear Market Rally, The Selloff To Resume

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $648.85 on Friday. Invesco QQQ has a 12-month low of $427.93 and a 12-month high of $650.00. The company's fifty day simple moving average is $601.69 and its 200 day simple moving average is $610.67.

Invesco QQQ Cuts Dividend

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

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.

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