Clear Street Group Inc. boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,357 shares of the exchange traded fund’s stock after acquiring an additional 766 shares during the period. Invesco QQQ accounts for about 0.3% of Clear Street Group Inc.’s investment portfolio, making the stock its 22nd largest holding. Clear Street Group Inc.’s holdings in Invesco QQQ were worth $86,837,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Cornerstone Financial Management LLC purchased a new position in Invesco QQQ during the fourth quarter valued at $77,000. Eagle Bluffs Wealth Management LLC purchased a new stake in shares of Invesco QQQ in the fourth quarter worth $270,000. Brown Advisory Inc. grew its stake in shares of Invesco QQQ by 84.7% in the fourth quarter. Brown Advisory Inc. now owns 141,870 shares of the exchange traded fund’s stock worth $87,152,000 after acquiring an additional 65,059 shares during the last quarter. 1 North Wealth Services LLC increased its holdings in shares of Invesco QQQ by 47.9% during the fourth quarter. 1 North Wealth Services LLC now owns 12,575 shares of the exchange traded fund’s stock valued at $7,725,000 after acquiring an additional 4,071 shares in the last quarter. Finally, Atlas Capital Advisors Inc. bought a new position in shares of Invesco QQQ during the fourth quarter valued at $737,000. 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:
- Positive Sentiment: Short-term liquidity could improve market conditions, which may support growth stocks and the Nasdaq-100 holdings inside QQQ. A Short-Term Liquidity Boost May Be Coming To Markets
- Positive Sentiment: Broad U.S. equities were moving higher during the day, and ETF strength suggests investors were still willing to add exposure to large-cap growth and tech names. Exchange-Traded Funds Rise as US Equities Advance After Midday
- Neutral Sentiment: Some commentary suggests QQQ remains the familiar way to own the Nasdaq-100, but investors are being reminded that cheaper alternatives exist, which may affect fund flows more than near-term performance. Forget QQQ as the Same Company Sells the Same Nasdaq-100 for 17% Less
- Neutral Sentiment: One ETF comparison argued that QQQ has historically outperformed some thematic tech funds, reinforcing its role as a benchmark Nasdaq-100 vehicle rather than a direct catalyst for a move in the fund. ARKQ vs. QQQ: Which Tech Stock ETF is the Better Buy?
- Negative Sentiment: Multiple articles warned that May CPI showed inflation remaining elevated, which could keep the Fed on hold or push it toward a more hawkish stance—typically a headwind for high-valuation tech stocks in QQQ. May CPI Report: War Impact Remains Contained, Allowing The Fed To Stay On Hold
- Negative Sentiment: Several pieces focused on a possible AI bubble, slower token spending, and “cracks” in the AI trade, which could pressure Nasdaq-heavy funds like QQQ if investors rotate out of mega-cap tech. Market Rotation Alert: The AI Bubble Is Showing Cracks
Invesco QQQ Stock Up 0.6%
Invesco QQQ Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, March 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.
Further Reading
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