Motiv8 Investments LLC Decreases Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Motiv8 Investments LLC decreased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,832 shares of the company’s stock after selling 477 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 1.2% of Motiv8 Investments LLC’s investment portfolio, making the stock its 17th biggest position. Motiv8 Investments LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,774,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF by 24.9% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 12,591 shares of the company’s stock valued at $2,529,000 after purchasing an additional 2,508 shares during the last quarter. Manchester Financial Inc. boosted its stake in Invesco NASDAQ 100 ETF by 53.2% during the third quarter. Manchester Financial Inc. now owns 5,903 shares of the company’s stock worth $1,186,000 after buying an additional 2,049 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in Invesco NASDAQ 100 ETF by 260.2% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after acquiring an additional 1,712,000 shares during the last quarter. Modera Wealth Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 17.8% in the third quarter. Modera Wealth Management LLC now owns 5,904 shares of the company’s stock valued at $1,186,000 after acquiring an additional 894 shares during the period. Finally, PFG Investments LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 25.1% during the 3rd quarter. PFG Investments LLC now owns 1,782 shares of the company’s stock worth $358,000 after purchasing an additional 357 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.6 %

Invesco NASDAQ 100 ETF stock traded up $1.23 during midday trading on Friday, reaching $203.85. The stock had a trading volume of 2,144,657 shares, compared to its average volume of 1,837,298. The firm has a market cap of $34.88 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $140.84 and a 52-week high of $207.24. The company has a fifty day moving average of $197.76 and a 200 day moving average of $192.13.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date was Monday, September 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.