Sale of Invesco QQQ Trust Shares: Miracle Mile Advisors, LLC sold 137,237 shares of Invesco QQQ Trust for an estimated $78.59 million, representing a 1.2% shift in their assets under management (AUM).
Retained Holdings: After the sale, the firm retains 263,399 shares of QQQ, valued at $158.14 million, which now constitutes 2.4% of their AUM and is the eighth-largest holding in their portfolio.
Performance of QQQ: As of October 20, 2025, Invesco QQQ Trust shares were priced at $611.54, showing a 23.7% increase over the past year and outperforming the S&P 500 by nearly 10 percentage points.
Investment Strategy: The sale appears to be a profit-taking move rather than a loss of confidence in the investment, as QQQ has had a strong performance year-to-date, increasing by approximately 20%.
Wall Street analysts forecast SCHF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SCHF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SCHF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SCHF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 25.060
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Current: 25.060
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
