Scissortail Wealth Management LLC Raises Holdings in Invesco QQQ $QQQ

Market Beat
2026.01.21 12:52
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Scissortail Wealth Management LLC increased its holdings in Invesco QQQ by 40.2% in Q3, owning 21,792 shares valued at $13,083,000. Other institutional investors also raised their stakes, with Fifth Third Securities Inc. increasing its position by 2.6%. Invesco QQQ's performance is influenced by positive sentiment around AI spending forecasts, although there are concerns about potential volatility due to market conditions and concentration in AI-dominant firms. The ETF recently declared a quarterly dividend of $0.7941 per share, reflecting a positive change from the previous dividend.