Iams Wealth Management LLC Sells 1,234 Shares of Invesco QQQ $QQQ

Posted by Brenda Bartman on Oct 17th, 2026

Iams Wealth Management LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.0% during the third quarter, HoldingsChannel reports. The firm owned 23,425 shares of the exchange traded fund’s stock after selling 1,234 shares during the period. Invesco QQQ comprises approximately 5.0% of Iams Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Iams Wealth Management LLC’s holdings in Invesco QQQ were worth $17,330,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Corient Private Wealth LLC increased its position in Invesco QQQ by 3,567.7% in the fourth quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock worth $13,168,912,000 after buying an additional 20,852,432 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Invesco QQQ by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,038,610 shares of the exchange traded fund’s stock valued at $2,237,606,000 after buying an additional 30,083 shares during the period. Analyst IMS Investment Management Services Ltd. raised its stake in shares of Invesco QQQ by 0.3% in the second quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund’s stock valued at $1,316,358,000 after buying an additional 4,751 shares during the period. HighTower Advisors LLC raised its stake in shares of Invesco QQQ by 3.1% in the second quarter. HighTower Advisors LLC now owns 1,230,679 shares of the exchange traded fund’s stock valued at $906,272,000 after buying an additional 36,923 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Invesco QQQ by 3.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,154,740 shares of the exchange traded fund’s stock valued at $709,369,000 after buying an additional 37,166 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 2.5%

Shares of NASDAQ QQQ traded down $18.20 during trading on Friday, reaching $709.80. 66,648,057 shares of the stock traded hands, compared to its average volume of 35,061,504. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $762.86. The company has a 50-day moving average of $726.69 and a 200-day moving average of $703.31.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were issued a dividend of $0.7514 per share. This represents a $3.01 annualized dividend and a yield of 0.4%. This is a drop from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date of this dividend was Monday, September 21st.

More Invesco QQQ News

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

Positive Sentiment: Some analysts argue that the recent market washout could set the stage for a year-end rally, while a recession is not yet viewed as the base case. This provides a potential recovery catalyst for QQQ’s growth-oriented holdings. Why This Market Washout Will Spark a Year-End Rally
Positive Sentiment: September inflation was elevated, but commentary continues to suggest that an October Federal Reserve rate hike is unlikely. Avoiding an immediate rate increase could support valuations for technology shares. September CPI: Sticky Inflation, But An October Hike Remains Unlikely
Neutral Sentiment: QQQ reportedly sold NVIDIA and Apple shares on October 14. The transactions may reflect routine index rebalancing or portfolio-weight changes, but they highlight the fund’s sensitivity to movements in its largest technology holdings. Invesco QQQ Trust Sells NVIDIA and Apple
Neutral Sentiment: QQQ excludes banks and other financial companies because the Nasdaq-100 prohibits financial firms. That creates concentrated exposure to technology and communications stocks, rather than providing broad-sector diversification. Invesco QQQ Doesn’t Own a Single Bank
Negative Sentiment: U.S. equities and exchange-traded funds weakened during the session, following a sharp overseas selloff. Because QQQ tracks large Nasdaq-listed companies, broad risk reduction is directly pressuring the fund. Exchange-Traded Funds Drop as US Equities Fall
Negative Sentiment: Investor concerns include a potential liquidity drain, rising Treasury yields, midterm-election volatility, and an AI-related credit squeeze. These factors can weigh disproportionately on QQQ’s high-valuation growth holdings. A Massive Liquidity Drain Is About To Hit The Market
Negative Sentiment: Analysts are warning that AI enthusiasm may represent several bubbles vulnerable to bursting. A correction in AI leaders such as NVIDIA could have an outsized impact on QQQ. AI Bubble: Three Bubbles Ready to Burst
Negative Sentiment: QQQ’s failed breakout, weak market breadth, and rotation into utilities, consumer staples, and energy suggest that investors are moving away from growth and technology stocks. Failed Breakout in Tech

Invesco QQQ Company Profile

(Free Report)

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.