Clare Market Investments LLC Buys 1,275 Shares of Invesco QQQ $QQQ

Clare Market Investments LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 7.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,503 shares of the exchange traded fund’s stock after acquiring an additional 1,275 shares during the quarter. Invesco QQQ accounts for 2.1% of Clare Market Investments LLC’s holdings, making the stock its 10th largest position. Clare Market Investments LLC’s holdings in Invesco QQQ were worth $10,509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Navigoe LLC lifted its stake in shares of Invesco QQQ by 300.0% in the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares during the period. PayPay Securities Corp increased its holdings in Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Invesco QQQ in the third quarter worth about $42,000. Canoe Financial LP purchased a new stake in shares of Invesco QQQ during the 3rd quarter worth about $64,000. Finally, Gleason Group Inc. boosted its stake in shares of Invesco QQQ by 61.1% during the 3rd quarter. Gleason Group Inc. now owns 116 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $607.29 on Friday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The business has a 50-day moving average price of $616.27 and a 200 day moving average price of $606.29.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a $0.7941 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 annualized dividend and a yield of 0.5%.

About Invesco QQQ

(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.

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

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