CreativeOne Wealth LLC Sells 571 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

CreativeOne Wealth LLC cut its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,121 shares of the company’s stock after selling 571 shares during the quarter. CreativeOne Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $828,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in QQQM. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth about $27,000. Massmutual Trust Co. FSB ADV purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $29,000. Triad Wealth Partners LLC bought a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at approximately $30,000. GAMMA Investing LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $36,000. Finally, Rothschild Investment LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth approximately $36,000.

Invesco NASDAQ 100 ETF Stock Up 0.9 %

Shares of Invesco NASDAQ 100 ETF stock opened at $209.80 on Friday. The company’s fifty day simple moving average is $204.19 and its two-hundred day simple moving average is $197.22. The firm has a market cap of $35.75 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $157.44 and a 12-month high of $212.19.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date was Monday, September 23rd.

About Invesco NASDAQ 100 ETF

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.