Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Parkside Advisors LLC’s 7th Largest Position

Posted by Grant Hamersma on Jan 13th, 2025

Parkside Advisors LLC cut its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 111,904 shares of the company’s stock after selling 353 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 5.5% of Parkside Advisors LLC’s investment portfolio, making the stock its 7th largest position. Parkside Advisors LLC owned approximately 0.06% of Invesco NASDAQ 100 ETF worth $23,550,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Massmutual Trust Co. FSB ADV purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth about $29,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. Kieckhefer Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $32,000. National Bank of Canada FI grew its position in shares of Invesco NASDAQ 100 ETF by 72.7% during the second quarter. National Bank of Canada FI now owns 190 shares of the company’s stock worth $38,000 after acquiring an additional 80 shares during the last quarter. Finally, Mendota Financial Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $40,000.

Invesco NASDAQ 100 ETF Stock Down 1.0 %

NASDAQ:QQQM traded down $2.10 during trading hours on Monday, reaching $206.75. 998,960 shares of the company’s stock were exchanged, compared to its average volume of 2,366,682. The firm has a market capitalization of $38.14 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $165.86 and a 1-year high of $221.92. The company has a 50-day moving average of $211.96 and a 200 day moving average of $202.14.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3103 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco NASDAQ 100 ETF

(Free Report)

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.