TCM Advisors LLC Trims Position in Invesco QQQ $QQQ

Key Points

• TCM Advisors trimmed its position by 10.2% in Invesco QQQ in Q3, selling 6,449 shares and leaving 56,652 shares worth $34.01 million, with QQQ representing about 3.6% of TCM's portfolio and its third-largest holding.
• Other big institutional moves include JPMorgan Chase increasing its QQQ stake by 42.4% to 4,895,265 shares (~$2.7 billion), and institutional investors now own about 44.58% of QQQ, indicating sizable and varied inflows among large holders.
• QQQ's dividend was raised to $0.7941 quarterly (annualized $3.18, ~0.5% yield), while market drivers are mixed—AI/NVIDIA optimism and Invesco product launches are supportive but Fed "higher for longer" guidance, hotter PPI, and geopolitical risks pose headwinds for the tech-heavy ETF.

TCM Advisors LLC trimmed its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 10.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,652 shares of the exchange traded fund's stock after selling 6,449 shares during the period. Invesco QQQ accounts for about 3.6% of TCM Advisors LLC's investment portfolio, making the stock its 3rd biggest holding. TCM Advisors LLC's holdings in Invesco QQQ were worth $34,012,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of Invesco QQQ by 42.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund's stock worth $2,700,424,000 after acquiring an additional 1,457,109 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco QQQ by 0.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,223,327 shares of the exchange traded fund's stock valued at $1,778,116,000 after acquiring an additional 22,220 shares in the last quarter. HRT Financial LP lifted its stake in Invesco QQQ by 118.3% during the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund's stock worth $1,735,226,000 after purchasing an additional 1,704,600 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Invesco QQQ by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund's stock worth $1,843,749,000 after purchasing an additional 8,038 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in Invesco QQQ by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund's stock worth $1,792,901,000 after purchasing an additional 64,025 shares during the period. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $594.85 on Thursday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The firm's 50-day moving average is $611.91 and its 200-day moving average is $609.22.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.7941 dividend. The ex-dividend date was Monday, December 22nd. This is an increase 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%.

Key Invesco QQQ News

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

• Positive Sentiment: Demand drivers: NVIDIA’s bullish chip outlook lifts AI-related ETFs (beneficial to QQQ’s heavy semiconductor/AI exposure). ETFs to Gain as NVIDIA Views $1 Trillion in Chip Orders by 2027
• Positive Sentiment: Invesco product expansion: launches of QEW (QQQ Equal‑Weight ETF) and DVVY broaden Invesco’s suite and give investors new ways to express tech exposure/diversification—could attract flows that indirectly help QQQ brand recognition. Balancing Tech & Income: Invesco's Dual Launch of QEW & DVVY
• Positive Sentiment: Technical/support case: chart watchers note QQQ nearing key trendlines and some bullish technical setups that could attract dip buyers. Bullish Returns for QQQ as ETF Nears Key Trendline
• Neutral Sentiment: Unusual options activity: institutional accumulation and elevated options flow into QQQ signal bigger moves/hedging interest — increases volume and volatility risk but not a directional certainty. One Member Turned Volatility Into 536% in a Day…
• Neutral Sentiment: Mixed macro commentary: several analyst pieces highlight both bullish technical setups and structural risks—this keeps positioning conflicted and trading choppy. Bullish Technical Setup Vs. Fundamental Crash Risks
• Negative Sentiment: Fed guidance: the new dot‑plot and FOMC tone imply only limited rate cuts (one this year, one in 2027) — markets interpret this as higher‑for‑longer policy, which pressures growth and tech multiples. New Fed "Dot Plot" Sends Markets Sliding
• Negative Sentiment: Hot wholesale inflation: February PPI rose sharply, raising odds of tighter policy persistence and squeezing high‑multiple tech valuations that dominate QQQ. Producer Price Index: Wholesale Inflation Up 0.7% In February
• Negative Sentiment: Geopolitical/oil shock risk: Iran‑related tensions and rising oil prices are fueling risk‑off flows and rotation into energy/commodities, which typically weighs on growth‑oriented ETFs like QQQ. Already Broken: The Pre-War Cracks That Could Make The Oil Shock The Final Blow
• Negative Sentiment: “Rates higher for longer” and stagflation warnings from multiple macro pieces increase recession/earnings risk for tech-heavy indexes, reinforcing risk‑off positioning. Rates Will Be Higher For Longer

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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