Merit Financial Group LLC Grows Position in Invesco QQQ $QQQ

Merit Financial Group LLC increased its position in Invesco QQQ (NASDAQ:QQQ) by 11.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 184,938 shares of the exchange traded fund’s stock after purchasing an additional 18,873 shares during the period. Invesco QQQ accounts for 1.0% of Merit Financial Group LLC’s portfolio, making the stock its 23rd biggest position. Merit Financial Group LLC’s holdings in Invesco QQQ were worth $111,031,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in QQQ. Lee Johnson Capital Management LLC purchased a new stake in shares of Invesco QQQ in the 3rd quarter worth about $274,000. Calamos Wealth Management LLC lifted its position in Invesco QQQ by 4.4% during the 3rd quarter. Calamos Wealth Management LLC now owns 9,534 shares of the exchange traded fund’s stock valued at $5,724,000 after acquiring an additional 400 shares during the period. Meridian Financial Advisors LLC bought a new stake in Invesco QQQ during the third quarter worth about $8,983,000. Sax Wealth Advisors LLC purchased a new stake in Invesco QQQ in the third quarter worth about $9,094,000. Finally, Smith Salley Wealth Management increased its stake in shares of Invesco QQQ by 32.8% during the third quarter. Smith Salley Wealth Management now owns 6,019 shares of the exchange traded fund’s stock valued at $3,614,000 after purchasing an additional 1,486 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.2%

QQQ stock opened at $619.43 on Wednesday. The firm has a 50 day moving average price of $616.60 and a 200-day moving average price of $588.56. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a dividend of $0.7941 per share. The ex-dividend date is Monday, December 22nd. This is a positive change 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%.

Invesco QQQ News Roundup

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

• Positive Sentiment: Big hedge funds are reported to be adding ETF exposure — articles note institutional buying of large-cap/tech ETFs, which can support flows into QQQ and help buoy its mega-cap Nasdaq components. Legendary Hedge Funds Are Piling Into These ETFs
• Positive Sentiment: Analysts reflect on the 2025 AI stock surge and list themes to watch in 2026 — continued AI leadership would disproportionately benefit QQQ because of its heavy weighting in large-cap AI/tech names. Reflecting On The 2025 AI Stock Surge
• Positive Sentiment: Some bullish macro views argue for a materially higher S&P in 2026 — a rising broad market would likely lift QQQ given high beta tech exposure. 2026 S&P 500 Outlook: Why The Index Will Hit 8,300
• Neutral Sentiment: TipRanks QQQ daily update notes modest pre-market weakness (down small percentages in recent pre-market sessions), a near-term data point showing softening but not a large selloff. QQQ ETF Daily Update, 12-30-2025
• Neutral Sentiment: Prior day TipRanks note also flagged modest pre-market weakness; these updates indicate short-term volatility rather than a clear structural shift. QQQ ETF Daily Update, 12-29-2025
• Negative Sentiment: Reader surveys and several commentaries signal expectations of a market drop and traders positioning defensively — rising risk-off sentiment can hit growth and tech-heavy ETFs like QQQ. Our Readers’ Expectations Of A Stock Market Drop
• Negative Sentiment: Analysis on a “new” Fed/dollar regime warns of dollar strength and policy shifts that historically pressure growth stocks; a stronger dollar and tighter policy are headwinds for QQQ’s large-cap tech weightings. The Dollar And The “New” Regime At The Federal Reserve
• Negative Sentiment: Technical/warning pieces (Dow/Gold ratio, outlooks preparing for corrections) suggest increasing tail-risk concerns reminiscent of 2008-style signals for some commentators — elevated risk sentiment can accelerate outflows from cyclically sensitive and high-PE tech names in QQQ. The Dow Jones To Gold Ratio Just Triggered A Major 2008-Style Stock Market Warning
• Negative Sentiment: Several authors outline reasons they’re preparing for a correction in 2026 (valuation, technicals, macro risks), reinforcing cautious positioning that can weigh on QQQ. Outlook For 2026: Three Reasons I Am Preparing For A Correction

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.