American Financial Advisors LLC trimmed its position in shares of Invesco QQQ ( - ) by 2.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,124 shares of the exchange traded fund's stock after selling 2,846 shares during the period. Invesco QQQ makes up approximately 8.0% of American Financial Advisors LLC's holdings, making the stock its biggest holding. American Financial Advisors LLC's holdings in Invesco QQQ were worth $54,922,000 at the end of the most recent quarter. Get **Invesco QQQ** alerts: Sign Up Other hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. raised its holdings in Invesco QQQ by 20.2% during the 4th quarter. Ameriprise Financial Inc. now owns 4,500,368 shares of the exchange traded fund's stock valued at $2,300,993,000 after buying an additional 756,990 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Invesco QQQ by 34.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,199,820 shares of the exchange traded fund's stock valued at $1,124,614,000 after buying an additional 568,120 shares during the period. GAMMA Investing LLC raised its holdings in Invesco QQQ by 55,795.2% during the 1st quarter. GAMMA Investing LLC now owns 1,871,929 shares of the exchange traded fund's stock valued at $8,777,850,000 after buying an additional 1,868,580 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in Invesco QQQ by 1.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,342,830 shares of the exchange traded fund's stock valued at $629,680,000 after buying an additional 14,017 shares during the period. Finally, Senator Investment Group LP purchased a new stake in Invesco QQQ during the 4th quarter valued at $679,936,000. 44.58% of the stock is owned by hedge funds and other institutional investors. Invesco QQQ Stock Performance traded down $1.25 during midday trading on Friday, reaching $554.20. The company's stock had a trading volume of 39,558,757 shares, compared to its average volume of 39,419,891. The stock has a fifty day simple moving average of $527.06 and a two-hundred day simple moving average of $505.74. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $557.63. Invesco QQQ Cuts Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 23rd will be paid a $0.5911 dividend. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $2.36 dividend on an annualized basis and a yield of 0.43%. About Invesco QQQ () PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Invesco QQQ (NASDAQ:QQQ) Stock Position Lowered by American Financial Advisors LLC

American Financial Advisors LLC reduced its holdings in Invesco QQQ (QQQ) by 2.4% in Q1 2025, while other hedge funds like Ameriprise Financial Inc. and GAMMA Investing LLC increased their positions. The stock closed at $554.20, with a 52-week range of $402.39 to $557.63. Invesco QQQ also announced a quarterly dividend of $0.5911, with a yield of 0.43%.