<div id="readability-page-1"><p>RDA Financial Network trimmed its position in shares of  Invesco QQQ (NASDAQ:QQQ - Free Report) by 15.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,596 shares of the exchange traded fund's stock after selling 3,322 shares during the period. Invesco QQQ makes up   2.8% of RDA Financial Network's portfolio, making the stock its 5th biggest holding. RDA Financial Network's holdings in Invesco QQQ were worth $10,258,000 at the end of the most recent reporting period.</p><ul><li>Vanguard’s VUG ETF: The Ultimate Growth ETF for Your Portfolio</li></ul><p>A number of other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in  Invesco QQQ by 959.6% during the first quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund's stock valued at $11,300,023,000 after acquiring an additional 21,823,765 shares during the period.  Mullooly Asset Management Inc. acquired a new position in  Invesco QQQ in the first quarter worth about $2,775,904,000.  Northwestern Mutual Wealth Management Co. raised its position in  Invesco QQQ by 1.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,201,107 shares of the exchange traded fund's stock worth $1,501,063,000 after purchasing an additional 52,234 shares in the last quarter.  Commonwealth Equity Services LLC raised its position in  Invesco QQQ by 2.3% in the first quarter. Commonwealth Equity Services LLC now owns 2,480,244 shares of the exchange traded fund's stock worth $1,163,036,000 after purchasing an additional 54,944 shares in the last quarter.  Finally, GAMMA Investing LLC raised its position in  Invesco QQQ by 55,795.2% in the first quarter. GAMMA Investing LLC now owns 1,871,929 shares of the exchange traded fund's stock worth $8,777,850,000 after purchasing an additional 1,868,580 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors. </p><h2>Invesco QQQ Price Performance</h2><p>NASDAQ:QQQ opened at $586.66 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $587.86. The firm has a 50-day moving average price of $568.24 and a 200 day moving average price of $520.54. </p><h2>Invesco QQQ Cuts Dividend</h2><ul><li>Forget QQQ: This ETF Marries the Magnificent 7 and Communications</li></ul><p>The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, June 23rd were given a $0.5911 dividend. This represents a $2.36 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 23rd. </p><h2>Invesco QQQ Company Profile</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Invesco QQQ</li><li>Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio</li><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li><li>CD Calculator: Certificate of Deposit Calculator </li><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li><li>Value Investing: Is it a Good Strategy in 2022? <span>Hint: Always<span></span></span></li><li>Meta's $600B U.S. Investment: Bearish or Bullish for Shares? </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UVFR?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UVFR"/></p><ul><li>Microsoft’s AI Bet Faces a Major Test This Earnings Season</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Invesco QQQ Right Now?</h2><p>Before you consider Invesco QQQ, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco QQQ wasn't on the list.</p><p>While Invesco QQQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>RDA Financial Network reduced its stake in Invesco QQQ by 15.2% in Q2, now holding 18,596 shares valued at approximately $10.26 million. This ETF represents 2.8% of RDA's portfolio, making it the fifth largest holding. Other institutional investors have also increased their positions in Invesco QQQ, which has a current price of $586.66, with a 12-month range of $402.39 to $587.86. The ETF recently declared a quarterly dividend of $0.5911, yielding 0.4%.</p>

- RDA Financial Network reduced its stake in Invesco QQQ by 15.2%, holding 18,596 shares valued at $10,258,000.  
- Other hedge funds, including Goldman Sachs, significantly increased their positions in Invesco QQQ during the first quarter, with Goldman Sachs owning over 24 million shares worth approximately $11.3 billion.  
- Invesco QQQ has a current price of $586.66, with a 12-month range between $402.39 and $587.86, and recently declared a quarterly dividend of $0.5911.

RDA Financial Network Has $10.26 Million Position in Invesco QQQ $QQQ