Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Holdings Lessened by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 150,219 shares of the company’s stock after selling 6,045 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Invesco NASDAQ 100 ETF were worth $31,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Fulcrum Equity Management increased its holdings in Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after buying an additional 56 shares during the last quarter. Ridgecrest Wealth Partners LLC increased its holdings in Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after buying an additional 60 shares during the last quarter. Sugarloaf Wealth Management LLC increased its holdings in Invesco NASDAQ 100 ETF by 3.4% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock worth $431,000 after buying an additional 68 shares during the last quarter. Northstar Group Inc. increased its holdings in Invesco NASDAQ 100 ETF by 5.4% in the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after buying an additional 69 shares during the last quarter. Finally, Zhang Financial LLC increased its holdings in Invesco NASDAQ 100 ETF by 2.8% in the third quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock worth $517,000 after buying an additional 70 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2 %

Shares of QQQM stock opened at $219.31 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $221.92. The business’s 50 day moving average is $212.71 and its two-hundred day moving average is $202.84. The company has a market cap of $42.45 billion, a PE 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. Shareholders of record on Monday, December 23rd were issued 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.