Clearstead Trust LLC Has $88.85 Million Stock Position in Invesco QQQ $QQQ

Clearstead Trust LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,638 shares of the exchange traded fund’s stock after purchasing an additional 1,395 shares during the period. Invesco QQQ comprises 14.0% of Clearstead Trust LLC’s holdings, making the stock its largest position. Clearstead Trust LLC’s holdings in Invesco QQQ were worth $88,852,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Goodman Advisory Group LLC bought a new position in Invesco QQQ during the 3rd quarter worth about $25,000. Shcp LLC bought a new position in Invesco QQQ during the 3rd quarter worth about $27,000. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ during the 4th quarter worth about $29,000. Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ during the 3rd quarter worth about $40,000. Finally, Morgan Dempsey Capital Management LLC increased its holdings in Invesco QQQ by 45.5% during the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 25 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Key Invesco QQQ News

Here are the key news stories impacting Invesco QQQ this week:

• Positive Sentiment: Nvidia’s buybacks, dividend increase, and AI growth are putting Nasdaq-heavy ETFs like QQQ in focus, reinforcing demand for large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Semiconductor strength remains a tailwind for QQQ, as the sector’s long-running rally continues to support growth-oriented technology indexes. Is the VanEck Semiconductor ETF the Right ETF to Own as We Head Into June?
• Neutral Sentiment: Some market commentary suggests ETFs are increasingly dominating trading flows, but the article is more thematic than a direct driver for QQQ today. ETF Zoo: Why Rebalancing Killed the ARK Star
• Negative Sentiment: Earlier market coverage pointed to mixed ETF performance and a pullback in U.S. equities, which can weigh on QQQ when traders rotate out of growth stocks. Exchange-Traded Funds Mixed, US Equities Decline After Midday

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $717.54 on Monday. The business has a 50-day moving average of $638.80 and a 200-day moving average of $623.00. Invesco QQQ has a fifty-two week low of $505.58 and a fifty-two week high of $722.12.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a dividend yield of 0.4%.

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.