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Mon Mar 03 20:30:00 UTC 2025: **Institutional Investors Adjust Invesco QQQ Holdings in Q4 2024**
**Sioux Falls, SD – February 26, 2025** – Several institutional investors made adjustments to their holdings in Invesco QQQ (QQQ) during the fourth quarter of 2024, according to recent SEC filings. Schechter Investment Advisors LLC decreased its stake by 25.6%, selling 1,899 shares, leaving them with 5,519 shares valued at approximately $2.8 million.
Conversely, other firms increased their positions. Bravias Capital Group LLC initiated a new position worth roughly $1.7 million, while Wernau Asset Management Inc. bought a new stake valued at $353,000. Interactive Financial Advisors Inc. expanded its holdings by 5.2%, adding 952 shares, and Gryphon Financial Partners LLC increased its stake by 1.5%, purchasing an additional 49 shares. Meridian Wealth Management LLC also saw a slight increase of 0.5%, adding 792 shares.
In total, hedge funds and institutional investors own 44.58% of Invesco QQQ. The ETF opened at $508.30 on Monday, with a 12-month low of $413.07 and a high of $540.81. Invesco QQQ paid a dividend of $0.8347 per share on December 31st. The company’s market cap stands at $320.36 billion. This news alert was generated using narrative science technology and financial data from MarketBeat.