Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Holdings Cut by Rockingstone Advisors LLC

Rockingstone Advisors LLC cut its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.2% in the 4th quarter, Holdings Channel reports. The firm owned 8,387 shares of the company’s stock after selling 655 shares during the quarter. Rockingstone Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,765,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in QQQM. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF by 18.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 736 shares of the company’s stock worth $155,000 after acquiring an additional 115 shares during the period. Park Avenue Securities LLC bought a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth about $2,271,000. SeaCrest Wealth Management LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 9.1% in the fourth quarter. SeaCrest Wealth Management LLC now owns 1,154 shares of the company’s stock valued at $243,000 after purchasing an additional 96 shares during the period. Capstone Wealth Management Group LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 1,021.5% during the fourth quarter. Capstone Wealth Management Group LLC now owns 33,713 shares of the company’s stock valued at $7,095,000 after buying an additional 30,707 shares during the last quarter. Finally, Global Financial Private Client LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 37.8% during the fourth quarter. Global Financial Private Client LLC now owns 7,197 shares of the company’s stock worth $1,515,000 after buying an additional 1,976 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $212.70 on Thursday. Invesco NASDAQ 100 ETF has a 12-month low of $165.86 and a 12-month high of $221.92. The firm has a market capitalization of $39.38 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business has a 50 day simple moving average of $212.32 and a 200 day simple moving average of $202.36.

Invesco NASDAQ 100 ETF Announces Dividend

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