Hantz Financial Services Inc. Acquires 56 Shares of Invesco QQQ (NASDAQ:QQQ)

Hantz Financial Services Inc. increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,483 shares of the exchange traded fund’s stock after buying an additional 56 shares during the period. Hantz Financial Services Inc.’s holdings in Invesco QQQ were worth $1,212,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Invesco QQQ by 5.0% in the first quarter. Vanguard Group Inc. now owns 17,520 shares of the exchange traded fund’s stock valued at $7,779,000 after acquiring an additional 832 shares during the period. Janus Henderson Group PLC purchased a new stake in shares of Invesco QQQ in the first quarter worth $210,000. GAMMA Investing LLC raised its position in shares of Invesco QQQ by 165.0% in the second quarter. GAMMA Investing LLC now owns 1,060 shares of the exchange traded fund’s stock worth $508,000 after buying an additional 660 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in Invesco QQQ by 23.7% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,445 shares of the exchange traded fund’s stock valued at $692,000 after buying an additional 277 shares during the period. Finally, Moody National Bank Trust Division purchased a new position in Invesco QQQ during the second quarter worth about $203,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

QQQ stock opened at $509.74 on Monday. Invesco QQQ has a 1-year low of $382.66 and a 1-year high of $515.58. The company’s 50 day moving average is $496.13 and its 200 day moving average is $479.38.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were given a dividend of $0.677 per share. This represents a $2.71 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Monday, September 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.