Tyler Stone Wealth Management Sells 732 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Tyler Stone Wealth Management reduced its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,918 shares of the company’s stock after selling 732 shares during the period. Tyler Stone Wealth Management’s holdings in Invesco NASDAQ 100 ETF were worth $1,877,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Financial Management Professionals Inc. purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $31,000. Kieckhefer Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at about $32,000. Blue Trust Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $49,000. Finally, Hobbs Group Advisors LLC boosted its position in Invesco NASDAQ 100 ETF by 257.1% during the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after acquiring an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $203.13 on Wednesday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The company has a market cap of $40.34 billion, a PE ratio of 30.79 and a beta of 1.18. The firm’s 50 day moving average price is $210.30 and its 200-day moving average price is $207.87.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.3176 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date is Monday, March 24th.

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.