Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Marmo Financial Group LLC

Posted by Martin Roberts on Feb 1st, 2025

Marmo Financial Group LLC trimmed its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 2.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 77,983 shares of the company’s stock after selling 2,364 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 8.9% of Marmo Financial Group LLC’s portfolio, making the stock its 6th biggest position. Marmo Financial Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $16,413,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Marshall Wace LLP acquired a new stake in Invesco NASDAQ 100 ETF in the second quarter worth approximately $1,891,000. AQR Capital Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $1,648,000. Creative Planning lifted its holdings in shares of Invesco NASDAQ 100 ETF by 33.7% in the second quarter. Creative Planning now owns 18,523 shares of the company’s stock valued at $3,651,000 after buying an additional 4,670 shares during the period. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at $29,000. Finally, Deane Retirement Strategies Inc. bought a new position in Invesco NASDAQ 100 ETF during the third quarter valued at about $9,548,000.

Invesco NASDAQ 100 ETF Trading Down 0.2 %

Shares of Invesco NASDAQ 100 ETF stock opened at $214.99 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The stock has a market cap of $42.03 billion, a PE ratio of 34.39 and a beta of 1.18. The company’s 50-day moving average price is $213.75 and its two-hundred day moving average price is $203.31.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.