Sollinda Capital Management LLC Has $467,000 Stock Holdings in Invesco QQQ $QQQ

Sollinda Capital Management LLC trimmed its holdings in Invesco QQQ (NASDAQ:QQQ) by 64.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 760 shares of the exchange traded fund’s stock after selling 1,383 shares during the quarter. Sollinda Capital Management LLC’s holdings in Invesco QQQ were worth $467,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in QQQ. Well Done LLC raised its stake in shares of Invesco QQQ by 0.5% in the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock worth $2,113,000 after acquiring an additional 16 shares during the last quarter. Orgel Wealth Management LLC grew its stake in shares of Invesco QQQ by 4.7% during the third quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund’s stock valued at $229,000 after purchasing an additional 17 shares during the last quarter. Enclave Advisors LLC increased its holdings in shares of Invesco QQQ by 0.9% in the third quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund’s stock valued at $1,099,000 after purchasing an additional 17 shares in the last quarter. IFS Advisors LLC increased its holdings in shares of Invesco QQQ by 4.1% in the third quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 17 shares in the last quarter. Finally, Mezzasalma Advisors LLC raised its position in Invesco QQQ by 0.5% in the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock worth $1,988,000 after purchasing an additional 17 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Several commentators argue the pullback creates a buying opportunity for QQQ given its tech leadership and concentration in high-quality growth names; this narrative supports demand from long-term and tactical buyers. Is QQQ Still Worth Buying After the Market’s Recent Slide?
• Positive Sentiment: Some market strategists say the correction was anticipated and that capitulation can set the stage for a tactical rebound in growth-heavy indices, which could support QQQ outperformance if risk appetite returns. We Got The Anticipated Correction; Now We Can Get Bullish
• Neutral Sentiment: Options-market activity shows heavy institutional flow into QQQ puts and calls; traders are using straddles/strangles to express views or hedge — this increases short-term volatility and can lead to sharp moves in either direction. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot The Next Market Meltdown Winner
• Neutral Sentiment: Intraday ETF flows are mixed across U.S. equity ETFs — QQQ can see larger swings as traders rotate between safety (energy, commodities) and growth. Monitor volume and put/call skew for short-term direction. Exchange-Traded Funds, US Equities Mixed After Midday
• Negative Sentiment: Broad headlines confirm the Nasdaq/Nasdaq-100 are in correction territory after ~10% declines from highs; this macro selling pressure is a core driver of QQQ’s recent weakness. The Nasdaq Is Officially in a Correction. Here’s What Investors Should Do, According to History.
• Negative Sentiment: Coverage noting QQQ is down double-digits since February highlights ongoing outflows and rotation away from mega-cap tech amid macro uncertainty — a continued headwind until volatility and geopolitical risk ease. What Correction? 4 Nasdaq Stocks on a Roll That Still Have More Upside
• Negative Sentiment: Rising oil prices, elevated VIX/VVIX readings and a stronger dollar (references in recent coverage) favor a risk-off stance that typically pressures growth and tech-heavy ETFs like QQQ until the macro picture stabilizes. The Dollar’s Strength

Invesco QQQ Stock Up 3.4%

NASDAQ:QQQ opened at $577.10 on Wednesday. The stock’s fifty day moving average price is $604.19 and its two-hundred day moving average price is $609.56. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.7328 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%.

Invesco QQQ 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.