Highland Financial Advisors LLC Sells 357 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Highland Financial Advisors LLC reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 126,679 shares of the company’s stock after selling 357 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 9.2% of Highland Financial Advisors LLC’s holdings, making the stock its 2nd largest position. Highland Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $26,660,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Apollon Wealth Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 793.0% in the fourth quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock valued at $16,021,000 after acquiring an additional 67,604 shares during the period. Sequoia Financial Advisors LLC lifted its stake in Invesco NASDAQ 100 ETF by 6.6% in the third quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after buying an additional 74 shares during the last quarter. Creative Planning boosted its holdings in shares of Invesco NASDAQ 100 ETF by 11.6% during the third quarter. Creative Planning now owns 20,672 shares of the company’s stock valued at $4,152,000 after acquiring an additional 2,149 shares during the period. Assetmark Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 60.8% during the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after acquiring an additional 284 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 26.4% in the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after acquiring an additional 9,469 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.4 %

Invesco NASDAQ 100 ETF stock opened at $221.56 on Friday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $221.92. The firm has a market capitalization of $44.00 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The firm has a 50-day moving average price of $215.06 and a two-hundred day moving average price of $205.05.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.3103 per share. 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.