Steinberganna Wealth Management acquired a new position in Invesco QQQ (NASDAQ:QQQ – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 35,068 shares of the exchange traded fund’s stock, valued at approximately $21,054,000. Invesco QQQ comprises about 9.9% of Steinberganna Wealth Management’s investment portfolio, making the stock its 2nd largest holding.
A number of other hedge funds have also recently modified their holdings of the business. Morgan Dempsey Capital Management LLC purchased a new position in Invesco QQQ during the 2nd quarter valued at $30,000. Navigoe LLC lifted its position in shares of Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 45 shares during the last quarter. PayPay Securities Corp boosted its stake in shares of Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Invesco QQQ during the third quarter valued at $42,000. Finally, Marshall & Sullivan Inc. WA bought a new position in shares of Invesco QQQ in the second quarter worth about $41,000. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: NVIDIA remains the dominant near-term catalyst for Nasdaq‑focused ETFs like QQQ — continued NVDA enthusiasm at CES supports demand for QQQ exposure. Nvidia Can Propel These ETFs
- Positive Sentiment: Western Digital’s inclusion in the Nasdaq‑100 reinforces QQQ’s AI/data‑center thesis by adding an AI‑storage beneficiary to the index composition. Western Digital’s Nasdaq-100 Entry Caps Its AI-Driven Comeback (QQQ)
- Positive Sentiment: Long‑term performance narratives continue to support buy‑and‑hold flows into QQQ; retrospectives showing strong multi‑decade returns bolster investor conviction. If You’d Invested $1,000 in the Invesco QQQ ETF 27 Years Ago, Here’s How Much You’d Have Today
- Neutral Sentiment: Daily ETF updates show only small recent moves in QQQ — short‑term trading has been mixed, indicating consolidation rather than a clear trend shift. QQQ ETF Daily Update, 1/8/2026
- Neutral Sentiment: New product launches (light‑leverage T² Lift ETFs tied to Nasdaq strategies) expand investor choices and could modestly reallocate flows away from core QQQ over time, but impact is uncertain. TappAlpha and Tuttle Capital Management Launch T² Lift™ Series
- Neutral Sentiment: Context pieces on index performance since 2000 provide framing for allocation decisions but are not immediate catalysts for QQQ flows. The S&P 500, Dow and Nasdaq Since 2000 Highs as of December 2025
- Negative Sentiment: Macro headlines: stronger services data complicates the Fed‑cut narrative, which can pressure growth/tech multiples and weigh on QQQ. Soaring U.S. Services Clouds The Fed Rate Cut Story
- Negative Sentiment: Market‑structure and valuation warnings (bubble/de‑risking commentary) are keeping some investors cautious about concentration risk in QQQ’s tech‑heavy lineup. You’ll Lose Again If You Keep Betting On A 2026 Bubble
Invesco QQQ Trading Down 0.6%
Invesco QQQ Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a dividend of $0.7941 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.
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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