Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Heritage Oak Wealth Advisors LLC

Heritage Oak Wealth Advisors LLC trimmed its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 64.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,928 shares of the company’s stock after selling 5,197 shares during the period. Heritage Oak Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $616,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Apollon Wealth Management LLC boosted its holdings in Invesco NASDAQ 100 ETF by 793.0% during the 4th 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 grew its position in shares of Invesco NASDAQ 100 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock worth $240,000 after acquiring an additional 74 shares during the last quarter. Assetmark Inc. increased its stake in Invesco NASDAQ 100 ETF by 60.8% in the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after purchasing an additional 284 shares during the period. HighTower Advisors LLC grew its stake 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 valued at $9,107,000 after purchasing an additional 9,469 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its position in Invesco NASDAQ 100 ETF by 9,318.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after buying an additional 1,491 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $211.88 on Thursday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64. The stock has a market capitalization of $43.15 billion, a price-to-earnings ratio of 33.44 and a beta of 1.14. The stock has a fifty day moving average price of $215.13 and a two-hundred day moving average price of $206.89.

Invesco NASDAQ 100 ETF Announces Dividend

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