GW Henssler & Associates Ltd. Sells 22 Shares of Invesco QQQ $QQQ

GW Henssler & Associates Ltd. lessened its position in shares of Invesco QQQ (NASDAQ:QQQ) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 723 shares of the exchange traded fund’s stock after selling 22 shares during the period. GW Henssler & Associates Ltd.’s holdings in Invesco QQQ were worth $399,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Prostatis Group LLC increased its holdings in Invesco QQQ by 73.9% during the 2nd quarter. Prostatis Group LLC now owns 62,121 shares of the exchange traded fund’s stock worth $34,269,000 after purchasing an additional 26,400 shares in the last quarter. Second Half Financial Partners LLC grew its holdings in shares of Invesco QQQ by 9.3% in the 2nd quarter. Second Half Financial Partners LLC now owns 6,721 shares of the exchange traded fund’s stock valued at $3,708,000 after acquiring an additional 573 shares in the last quarter. Transcendent Capital Group LLC grew its holdings in shares of Invesco QQQ by 75.6% in the 2nd quarter. Transcendent Capital Group LLC now owns 16,376 shares of the exchange traded fund’s stock valued at $9,034,000 after acquiring an additional 7,051 shares in the last quarter. Hobbs Group Advisors LLC grew its holdings in shares of Invesco QQQ by 16.0% in the 2nd quarter. Hobbs Group Advisors LLC now owns 3,132 shares of the exchange traded fund’s stock valued at $1,728,000 after acquiring an additional 433 shares in the last quarter. Finally, Summa Corp. grew its holdings in shares of Invesco QQQ by 227.0% in the 2nd quarter. Summa Corp. now owns 1,880 shares of the exchange traded fund’s stock valued at $1,037,000 after acquiring an additional 1,305 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $589.55 on Monday. The business has a 50-day moving average of $583.89 and a 200-day moving average of $536.68. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $613.18.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 22nd will be issued a $0.694 dividend. This represents a $2.78 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, September 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59.

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.