DKM Loads Up on QQQ With 7,900 Shares Worth $4.8 Million

Core Insights - DKM Wealth Management, Inc. has initiated a new position in Invesco QQQ Trust, Series 1, acquiring approximately 7,935 shares valued at an estimated $4.76 million in Q3 2025 [2][5] Company Overview - Invesco QQQ Trust, Series 1 aims to track the performance of the NASDAQ-100 Index, providing targeted exposure to large non-financial companies listed on the NASDAQ [4] - As of October 9, 2025, the price of Invesco QQQ Trust shares was $610.70, reflecting a year-to-date increase of 23.84%, outperforming the S&P 500 by 8.38 percentage points [3][4] - The fund has a total market value of $385.76 billion and a dividend yield of 0.48% [3] Investment Strategy - The investment strategy of Invesco QQQ Trust involves periodic rebalancing to maintain alignment with the NASDAQ-100 Index, allowing investors to mitigate risks associated with individual technology stocks [4][5] - DKM's new position in QQQ now represents 3.8% of its total reportable U.S. equity assets, which amount to $124.58 million [2][3] Market Position - QQQ is characterized as an ETF that is frequently traded, preferred by active traders due to its higher liquidity compared to similar funds like QQQM [8] - The fund's structure as a trust allows it to hold assets on behalf of investors, providing a diversified investment approach [9]