Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Financial Partners Group Inc

Financial Partners Group Inc lowered its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.5% during the fourth quarter, Holdings Channel reports. The firm owned 112,118 shares of the company’s stock after selling 525 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 3.4% of Financial Partners Group Inc’s portfolio, making the stock its 7th largest holding. Financial Partners Group Inc’s holdings in Invesco NASDAQ 100 ETF were worth $23,595,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in QQQM. Financial Management Professionals Inc. acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $25,000. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $29,000. Legacy Investment Solutions LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. Kieckhefer Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $32,000. Finally, Mendota Financial Group LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth $40,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $214.99 on Monday. The company’s fifty day moving average is $213.88 and its two-hundred day moving average is $203.38. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92. The company has a market capitalization of $42.64 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF Company 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.