Clarity Wealth Advisors LLC Buys 219 Shares of Invesco QQQ Trust (NASDAQ:QQQ)


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Clarity Wealth Advisors LLC boosted its stake in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 0.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,767 shares of the exchange traded fund’s stock after acquiring an additional 219 shares during the quarter. Invesco QQQ Trust accounts for 7.2% of Clarity Wealth Advisors LLC’s portfolio, making the stock its 3rd largest position. Clarity Wealth Advisors LLC’s holdings in Invesco QQQ Trust were worth $12,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Inspire Advisors LLC acquired a new position in Invesco QQQ Trust during the fourth quarter worth $26,000. Cascade Investment Advisors Inc. acquired a new stake in shares of Invesco QQQ Trust in the first quarter valued at $28,000. Costello Asset Management INC increased its stake in shares of Invesco QQQ Trust by 119.0% in the fourth quarter. Costello Asset Management INC now owns 92 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 50 shares in the last quarter. Wells Financial Advisors INC acquired a new stake in shares of Invesco QQQ Trust in the fourth quarter valued at $29,000. Finally, Clark Financial Advisors acquired a new stake in shares of Invesco QQQ Trust in the fourth quarter valued at $31,000. Hedge funds and other institutional investors own 47.01% of the company’s stock.

Shares of NASDAQ:QQQ traded down $6.14 during midday trading on Tuesday, reaching $330.05. The company’s stock had a trading volume of 2,437,069 shares, compared to its average volume of 46,668,570. Invesco QQQ Trust has a fifty-two week low of $211.12 and a fifty-two week high of $342.80. The business’s fifty day simple moving average is $328.94 and its 200-day simple moving average is $317.21.

The company also recently declared a quarterly dividend, which was paid on Friday, April 30th. Investors of record on Tuesday, March 23rd were issued a $0.395 dividend. This represents a $1.58 annualized dividend and a yield of 0.48%. The ex-dividend date was Monday, March 22nd.

About Invesco QQQ Trust

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 Trust (NASDAQ:QQQ)

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