Landmark Wealth Management LLC Cuts Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Landmark Wealth Management LLC cut its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,524 shares of the company’s stock after selling 659 shares during the period. Invesco NASDAQ 100 ETF makes up 1.4% of Landmark Wealth Management LLC’s investment portfolio, making the stock its 22nd largest position. Landmark Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,267,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of QQQM. Fulcrum Equity Management lifted its stake in shares of Invesco NASDAQ 100 ETF by 3.3% in the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after purchasing an additional 56 shares in the last quarter. Ridgecrest Wealth Partners LLC raised 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 valued at $288,000 after buying an additional 60 shares during the period. Sugarloaf Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock valued at $431,000 after buying an additional 68 shares in the last quarter. Northstar Group Inc. grew its stake in Invesco NASDAQ 100 ETF by 5.4% during 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 period. Finally, Zhang Financial LLC increased its position in shares of 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 acquiring an additional 70 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 2.9 %

Shares of QQQM stock opened at $211.71 on Tuesday. The company’s fifty day simple moving average is $213.18 and its 200-day simple moving average is $203.01. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The company has a market cap of $41.08 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders 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 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.