Tempus Wealth Planning LLC Reduces Holdings in Invesco QQQ $QQQ

Tempus Wealth Planning LLC reduced its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 11.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,588 shares of the exchange traded fund’s stock after selling 1,873 shares during the period. Invesco QQQ accounts for approximately 2.0% of Tempus Wealth Planning LLC’s holdings, making the stock its 8th biggest position. Tempus Wealth Planning LLC’s holdings in Invesco QQQ were worth $8,758,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Morgan Dempsey Capital Management LLC bought a new stake in shares of Invesco QQQ in the 2nd quarter worth $30,000. Navigoe LLC grew its holdings in Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 45 shares during the period. PayPay Securities Corp raised its position in Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in Invesco QQQ in the third quarter worth about $42,000. Finally, Moser Wealth Advisors LLC lifted its holdings in Invesco QQQ by 930.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 93 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 2.1%

Shares of QQQ opened at $609.65 on Monday. The firm’s 50 day moving average is $619.69 and its 200-day moving average is $602.56. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.7941 dividend. This represents a $3.18 annualized dividend and a yield of 0.5%. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Profile

(Free Report)

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 (NASDAQ:QQQ)

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