Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Altus Wealth Group LLC

Altus Wealth Group LLC cut its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 8,168 shares of the company’s stock after selling 383 shares during the period. Altus Wealth Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,719,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Strategic Financial Concepts LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 26,756.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after acquiring an additional 6,174,281 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Invesco NASDAQ 100 ETF by 13.9% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after purchasing an additional 754,700 shares in the last quarter. First Command Advisory Services Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 0.8% during the fourth quarter. First Command Advisory Services Inc. now owns 4,852,917 shares of the company’s stock worth $1,021,296,000 after buying an additional 37,600 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives raised its position in shares of Invesco NASDAQ 100 ETF by 30.1% in the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock valued at $648,817,000 after buying an additional 713,000 shares during the last quarter. Finally, Meitav Investment House Ltd. lifted its stake in shares of Invesco NASDAQ 100 ETF by 12.7% in the fourth quarter. Meitav Investment House Ltd. now owns 1,791,275 shares of the company’s stock worth $376,669,000 after buying an additional 201,737 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 2.4 %

QQQM opened at $197.48 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64. The firm has a market capitalization of $39.70 billion, a PE ratio of 30.79 and a beta of 1.15. The firm’s 50-day moving average price is $211.99 and its 200 day moving average price is $207.41.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.3103 dividend. The ex-dividend date 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.