Pinnacle Associates Ltd. Has $116.68 Million Stock Position in Invesco QQQ $QQQ

Key Points

• Pinnacle Associates Ltd. increased its stake in Invesco QQQ by 2.8% in Q3 and now holds 194,344 shares worth about $116.68 million, representing roughly 1.5% of its portfolio and its ninth-largest holding.
• Invesco QQQ raised its quarterly dividend to $0.7941 (up from $0.69), equivalent to an annualized $3.18 or about a 0.5% yield, with the payment made Dec. 31 and an ex-dividend date of Dec. 22.
• QQQ has recently traded lower (down ~1.5%, opened at $599.75) and sits within a one-year range of $402.39–$637.01, with near-term pressures cited from payroll weakness, rising oil/inflation concerns and Fed uncertainty that could weigh on mega‑cap tech exposure.

Pinnacle Associates Ltd. boosted its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 2.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 194,344 shares of the exchange traded fund's stock after purchasing an additional 5,309 shares during the quarter. Invesco QQQ accounts for about 1.5% of Pinnacle Associates Ltd.'s investment portfolio, making the stock its 9th biggest holding. Pinnacle Associates Ltd.'s holdings in Invesco QQQ were worth $116,679,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of QQQ. Fifth Third Securities Inc. lifted its holdings in shares of Invesco QQQ by 2.6% during the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund's stock valued at $65,959,000 after purchasing an additional 2,822 shares in the last quarter. SK Wealth Management LLC bought a new position in Invesco QQQ in the third quarter valued at approximately $803,000. Great Point Wealth Advisors LLC acquired a new position in shares of Invesco QQQ in the third quarter valued at approximately $507,000. Strengthening Families & Communities LLC bought a new stake in shares of Invesco QQQ during the third quarter worth $10,771,000. Finally, Coyle Financial Counsel LLC raised its holdings in shares of Invesco QQQ by 4.9% during the third quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund's stock worth $26,091,000 after acquiring an additional 2,035 shares during the period. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Down 1.5%

Shares of NASDAQ QQQ opened at $599.75 on Friday. The company has a fifty day moving average price of $614.62 and a 200 day moving average price of $607.49. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a dividend of $0.7941 per share. The ex-dividend date was Monday, December 22nd. 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 dividend yield of 0.5%.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Put-buying and short-covering flows are cited by some analysts as a bullish signal that large-cap tech could rally once volatility stabilizes, supporting QQQ's longer-term technical bid. Short Selling And Put Buying Still Point To Big Tech Rally
• Positive Sentiment: Retail and momentum investors remain concentrated in mega-cap names (NVIDIA, Microsoft, Meta), which can limit downside in QQQ even amid wider risk-off moves. War Risk Is Real and QQQ Investors Simply Do Not Care
• Neutral Sentiment: Pre-market ETF commentaries and daily updates flagged QQQ weakness tied to oil moves — useful situational color but not new fundamentals for the holdings. Invesco QQQ Trust ETF (QQQ) Daily Update, 3-6-2026
• Neutral Sentiment: Trade press notes that QQQ has outperformed over time and some pieces frame recent weakness as a potential buying opportunity rather than a structural problem. Investors in This ETF Have Earned Far More Than They Could Have Reasonably Expected
• Negative Sentiment: February payrolls came in meaningfully below expectations (a large NFP miss), raising growth‑fear and risk‑off flows that weigh on cyclical and growth‑sensitive tech exposure in QQQ. Payroll weakness was partly blamed on weather and a nursing strike but still spooked markets. A Drop In Payrolls
• Negative Sentiment: Surging oil driven by Middle East tensions is lifting inflation and stagflation concerns; higher energy costs and re‑priced Fed expectations are a headwind for multiple QQQ constituents. Surging Oil Prices May Be About To Jolt Markets
• Negative Sentiment: Federal Reserve uncertainty — analysts note the payroll miss plus oil/inflation upside creates ambiguity for the Fed path, increasing market volatility that typically pressures high‑multiple tech names in QQQ. Federal Reserve Watch: Uncertainty
• Negative Sentiment: Broad ETFs and equity indices moved lower at midday, amplifying outflows and mechanical selling in large, liquid ETFs like QQQ. That broad selling is a proximate cause of today’s pressure. Exchange-Traded Funds Move Lower as US Equities Drop at Midday

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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