Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lifted by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 24.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,870 shares of the exchange traded fund's stock after purchasing an additional 8,868 shares during the quarter. Invesco QQQ makes up 2.2% of Clear Creek Financial Management LLC's holdings, making the stock its 7th largest position. Clear Creek Financial Management LLC's holdings in Invesco QQQ were worth $21,040,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. BetterWealth LLC purchased a new position in Invesco QQQ during the first quarter valued at $247,000. Astoria Portfolio Advisors LLC. raised its position in shares of Invesco QQQ by 3.7% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 5,124 shares of the exchange traded fund's stock worth $2,329,000 after purchasing an additional 181 shares during the last quarter. Salomon & Ludwin LLC lifted its stake in Invesco QQQ by 1.2% in the 1st quarter. Salomon & Ludwin LLC now owns 2,086 shares of the exchange traded fund's stock valued at $978,000 after buying an additional 25 shares in the last quarter. JNBA Financial Advisors boosted its holdings in Invesco QQQ by 29.2% in the 1st quarter. JNBA Financial Advisors now owns 1,313 shares of the exchange traded fund's stock worth $616,000 after buying an additional 297 shares during the last quarter. Finally, Kieckhefer Group LLC boosted its holdings in Invesco QQQ by 1.4% in the 1st quarter. Kieckhefer Group LLC now owns 12,295 shares of the exchange traded fund's stock worth $5,765,000 after buying an additional 173 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock traded up $5.08 during mid-day trading on Friday, reaching $555.88. 26,443,524 shares of the stock traded hands, compared to its average volume of 39,231,028. The business has a 50-day moving average of $519.53 and a 200 day moving average of $504.75. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $557.20.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 23rd will be given a dividend of $0.5911 per share. This represents a $2.36 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Monday, June 23rd.

Invesco QQQ Profile

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.