Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Prism Advisors Inc.

Prism Advisors Inc. reduced its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,276 shares of the company’s stock after selling 3,397 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 1.8% of Prism Advisors Inc.’s holdings, making the stock its 20th largest holding. Prism Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $5,951,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in QQQM. Marshall Wace LLP bought a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $1,891,000. AQR Capital Management LLC acquired a new position in Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $1,648,000. Sepio Capital LP grew its stake in Invesco NASDAQ 100 ETF by 83.7% during the 2nd quarter. Sepio Capital LP now owns 5,471 shares of the company’s stock worth $1,078,000 after buying an additional 2,493 shares during the last quarter. Creative Planning increased its position in Invesco NASDAQ 100 ETF by 33.7% in the second quarter. Creative Planning now owns 18,523 shares of the company’s stock worth $3,651,000 after buying an additional 4,670 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Invesco NASDAQ 100 ETF by 19.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock valued at $337,951,000 after buying an additional 283,257 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $218.05 on Monday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92. The firm has a fifty day moving average of $213.18 and a 200-day moving average of $203.03. The company has a market cap of $42.31 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.