1,340 Invesco QQQ $QQQ Shares Sold by Washburn Capital Management Inc.

Posted by Brian Himes on Oct 20th, 2026

Washburn Capital Management Inc. lessened its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 3.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 36,202 shares of the exchange traded fund’s stock after selling 1,340 shares during the period. Invesco QQQ makes up approximately 13.0% of Washburn Capital Management Inc.’s investment portfolio, making the stock its 3rd largest position. Washburn Capital Management Inc.’s holdings in Invesco QQQ were worth $26,781,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in QQQ. Parvin Asset Management LLC purchased a new position in Invesco QQQ during the 1st quarter valued at about $28,000. High Point Wealth Management LLC raised its position in Invesco QQQ by 68.0% during the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 17 shares during the last quarter. Financial Management Professionals Inc. raised its position in Invesco QQQ by 83.3% during the second quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 25 shares during the last quarter. Bullseye Investment Management LLC purchased a new stake in shares of Invesco QQQ in the second quarter valued at about $44,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Invesco QQQ by 146.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 111 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 66 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

More Invesco QQQ News

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

Positive Sentiment: QQQ continues to attract substantial demand, with approximately $1.66 billion in recent inflows. Strong asset gathering supports the fund’s liquidity and indicates persistent investor interest in large-cap technology stocks. QQQ Pulled In $1.66 Billion
Positive Sentiment: Inflation remains elevated, but easing price pressures tied to artificial intelligence could support growth-oriented ETFs. QQQ’s exposure to profitable, high-growth technology companies may benefit if investors regain confidence in the sector. Growth ETFs in Focus
Neutral Sentiment: QQQ added NVIDIA and Apple to its holdings on October 15, reinforcing exposure to two of the Nasdaq-100’s most influential companies. The changes may support long-term growth potential but also increase concentration in mega-cap technology. Invesco QQQ Adds NVIDIA and Apple
Neutral Sentiment: Market data and commentary suggest the recent volatility spike may have exceeded fundamentals, while some analysts argue bonds and stocks have already priced in additional rate hikes. This could support a rebound in QQQ, though conviction remains mixed. Friday’s Market Volatility Spike
Negative Sentiment: The Nasdaq-100 recently suffered a sharp weekly decline as technology stocks weakened. A separate, lower-cost fund tracking the same index could also divert fee-sensitive investors from QQQ over time. Treasuries Rallied as Tech Slid
Negative Sentiment: Analysts are warning about stretched market valuations, credit-market risks, sudden technology weakness, and the possibility of a renewed AI sell-off. These concerns could limit upside for QQQ’s growth-heavy portfolio. Market Valuations and Credit Issues

Invesco QQQ Trading Up 1.2%

QQQ stock opened at $718.36 on Tuesday. The company’s 50 day simple moving average is $726.64 and its 200-day simple moving average is $705.33. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $762.86.

Invesco QQQ Cuts Dividend

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

About Invesco QQQ

(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.