Clare Market Investments LLC Acquires Shares of 14,285 Invesco QQQ $QQQ

Clare Market Investments LLC bought a new stake in Invesco QQQ (NASDAQ:QQQ) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,285 shares of the exchange traded fund’s stock, valued at approximately $8,245,000. Invesco QQQ makes up approximately 1.7% of Clare Market Investments LLC’s investment portfolio, making the stock its 12th largest holding.

Other large investors have also made changes to their positions in the company. University of Texas Texas AM Investment Management Co. acquired a new position in Invesco QQQ in the fourth quarter valued at about $25,000. Shcp LLC acquired a new stake in shares of Invesco QQQ during the third quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings 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 worth $28,000 after buying an additional 43 shares in the last quarter. Rachor Investment Advisory Services LLC bought a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $29,000. Finally, Islay Capital Management LLC bought a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $32,000. 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: SpaceX is joining the Nasdaq-100, which means QQQ — as a Nasdaq-100 ETF — will gain indirect exposure to the company and may see passive index-related buying as index funds add the new holding. Article Title
• Positive Sentiment: Multiple reports highlight that funds tracking the Nasdaq-100 must buy SpaceX, with investors viewing the addition as a fresh catalyst for the index and its ETF products. Article Title
• Neutral Sentiment: Market commentary shows retail sentiment around QQQ remains bullish, while broader futures action is mixed and tech stocks are reacting to Samsung-driven chip weakness. Article Title
• Negative Sentiment: Some articles warn that QQQ’s tech-heavy structure leaves it more volatile than broader index funds like VOO, which could limit enthusiasm among long-term investors if growth stocks cool. Article Title

Invesco QQQ Price Performance

Shares of QQQ opened at $713.87 on Tuesday. Invesco QQQ has a one year low of $551.10 and a one year high of $748.65. The business’s 50 day simple moving average is $712.54 and its 200-day simple moving average is $646.51.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 22nd will be given a $0.8135 dividend. This represents a $3.25 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, June 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73.

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.