Wedbush Securities Inc. Reduces Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Andrew Walz on Apr 7th, 2025

Wedbush Securities Inc. trimmed its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,384 shares of the company’s stock after selling 65 shares during the quarter. Wedbush Securities Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $923,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Management Professionals Inc. purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth $25,000. Legacy Investment Solutions LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth about $31,000. Nemes Rush Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth about $32,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth about $32,000. Finally, Tucker Asset Management LLC lifted its holdings in Invesco NASDAQ 100 ETF by 122.0% during the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock valued at $43,000 after buying an additional 111 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $174.28 on Monday. The company has a market capitalization of $35.58 billion, a P/E ratio of 30.31 and a beta of 1.15. The company’s 50-day simple moving average is $206.47 and its two-hundred day simple moving average is $207.81. Invesco NASDAQ 100 ETF has a one year low of $168.90 and a one year high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.3176 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

Invesco NASDAQ 100 ETF Company Profile

(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.