Hantz Financial Services Inc. Sells 60 Shares of Invesco QQQ (NASDAQ:QQQ)

Hantz Financial Services Inc. reduced its stake in Invesco QQQ (NASDAQ:QQQ) by 2.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,423 shares of the exchange traded fund’s stock after selling 60 shares during the quarter. Hantz Financial Services Inc.’s holdings in Invesco QQQ were worth $1,239,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in QQQ. Hoese & Co LLP lifted its position in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares during the period. Legacy Bridge LLC raised its stake in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas bought a new stake in Invesco QQQ during the third quarter worth about $62,000. Brooklyn Investment Group acquired a new stake in Invesco QQQ during the fourth quarter worth about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE increased its holdings in Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.1 %

Shares of Invesco QQQ stock opened at $522.29 on Friday. The company has a 50 day moving average of $519.22 and a 200-day moving average of $493.95. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ Company 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.