Clarity Wealth Advisors LLC Has $26.87 Million Stake in Invesco QQQ (NASDAQ:QQQ)

Clarity Wealth Advisors LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 52,551 shares of the exchange traded fund’s stock after buying an additional 950 shares during the period. Invesco QQQ makes up about 7.3% of Clarity Wealth Advisors LLC’s holdings, making the stock its 4th largest holding. Clarity Wealth Advisors LLC’s holdings in Invesco QQQ were worth $26,865,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Hoese & Co LLP boosted its stake in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares during the period. Legacy Bridge LLC grew its stake in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares in the last quarter. BNP Paribas acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group acquired a new position in Invesco QQQ during the fourth quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after acquiring an additional 63 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Down 1.3 %

Invesco QQQ stock opened at $522.92 on Friday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The business has a 50 day moving average of $521.00 and a 200-day moving average of $495.29.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

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.