In its most recent SEC filing, Cedar Mountain Advisors LLC reported a 3.7% reduction in its position in the Invesco QQQ Trust during the third quarter. The firm sold 1,571 shares, trimming its total holding to 40,732 shares. QQQ now represents 4.8% of Cedar Mountain Advisors’ overall portfolio, making it the firm’s sixth-largest holding. This adjustment reflects a reallocation of approximately $24.5 million based on the quarter-end valuation of QQQ.

Arkansas Financial Group Inc. elevated its exposure to the Invesco QQQ Trust by acquiring 7,792 additional shares in the third quarter, marking a 14.3% increase in its position. The fund’s total QQQ holdings reached 62,448 shares, accounting for 5.6% of its overall portfolio and ranking as its sixth-biggest position. The acquisition added roughly $37.7 million in market value to the firm’s QQQ allocation by quarter end.

Institutional investors and hedge funds collectively own 44.58% of QQQ, underscoring the ETF’s appeal among large allocators. The fund’s assets under management stand at $403 billion, with an expense ratio of 0.18%. Sector exposure remains heavily weighted to technology at 64%, with additional allocations to consumer discretionary (15%), healthcare (7%) and telecommunications (4%). QQQ’s top 10 holdings account for 48% of the portfolio, led by three giants that together represent 22% of the fund’s weight.

In its latest distribution announcement, QQQ boosted its quarterly dividend to $0.7941 per share, up from $0.69 in the prior period. The dividend was paid on December 31 to shareholders of record as of December 22, representing an annualized payout of $3.18 and a yield of approximately 0.50%. This marks the second consecutive year-end increase and reflects the trust’s growing revenue streams from its underlying index components.