Apollon Wealth Management LLC Reduces Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Apollon Wealth Management LLC lowered its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,760 shares of the company’s stock after selling 200 shares during the quarter. Apollon Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,476,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Next Capital Management LLC lifted its holdings in Invesco NASDAQ 100 ETF by 3.6% during the fourth quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock valued at $304,000 after purchasing an additional 62 shares in the last quarter. Emerald Advisors LLC increased its stake in Invesco NASDAQ 100 ETF by 1.7% in the 4th quarter. Emerald Advisors LLC now owns 5,955 shares of the company’s stock worth $1,004,000 after buying an additional 98 shares in the last quarter. Larson Financial Group LLC raised its holdings in Invesco NASDAQ 100 ETF by 120.5% during the fourth quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 106 shares during the period. West Michigan Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 3.0% in the third quarter. West Michigan Advisors LLC now owns 3,930 shares of the company’s stock valued at $579,000 after acquiring an additional 113 shares in the last quarter. Finally, Teamwork Financial Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 0.5% in the fourth quarter. Teamwork Financial Advisors LLC now owns 22,263 shares of the company’s stock worth $3,752,000 after acquiring an additional 118 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.1 %

Shares of QQQM opened at $181.08 on Thursday. Invesco NASDAQ 100 ETF has a 12-month low of $132.15 and a 12-month high of $184.88. The company has a market capitalization of $23.48 billion, a PE ratio of 34.39 and a beta of 1.18. The business’s 50 day moving average is $179.73 and its 200 day moving average is $170.45.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a $0.3454 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.76%.

Invesco NASDAQ 100 ETF Profile

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.