Clear Street Group Inc. Grows Position in Invesco QQQ $QQQ

Clear Street Group Inc. lifted its position in Invesco QQQ (NASDAQ:QQQFree Report) by 0.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 141,357 shares of the exchange traded fund’s stock after purchasing an additional 766 shares during the period. Invesco QQQ comprises approximately 0.3% of Clear Street Group Inc.’s portfolio, making the stock its 22nd biggest holding. Clear Street Group Inc.’s holdings in Invesco QQQ were worth $86,837,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Goodman Advisory Group LLC bought a new stake in Invesco QQQ in the 3rd quarter worth $25,000. Shcp LLC bought a new position in shares of Invesco QQQ during the third quarter valued at about $27,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Invesco QQQ by 2,150.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 43 shares during the last quarter. Rachor Investment Advisory Services LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Invesco QQQ in the third quarter worth about $40,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Summary

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

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $721.34 on Friday. The stock’s 50-day moving average is $680.91 and its 200 day moving average is $635.17. Invesco QQQ has a 1 year low of $523.65 and a 1 year high of $748.65.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.

Invesco QQQ Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.