Miracle Mile Advisors, LLC sold 137,237 shares of Invesco QQQ Trust for an estimated $78.59 million, representing a 1.2% shift in AUM. Post-trade, they retain 263,399 shares valued at $158.14 million, making up 2.4% of AUM outside the top five holdings.

Invesco QQQ Trust shares were priced at $611.54 on October 20, 2025, up 23.7% over the past year and outperforming the S&P 500 by 9.86 percentage points. The company’s net assets are $385.76 billion with a dividend yield of 0.47%.

Passively managed, Invesco QQQ Trust seeks to track the NASDAQ-100 Index® by holding a portfolio mirroring the index’s composition. Miracle Mile Advisors’ sell of QQQ shares could be profit-taking, given the ETF’s strong performance, up 24% over the last 12 months.

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Read more at Nasdaq: Miracle Mile Advisors Dumps 137,000 QQQ Shares Worth $78.6 Million