Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Holdings Cut by WJ Wealth Management LLC

WJ Wealth Management LLC decreased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 19.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,784 shares of the company’s stock after selling 10,237 shares during the period. Invesco NASDAQ 100 ETF accounts for 3.0% of WJ Wealth Management LLC’s portfolio, making the stock its 12th largest position. WJ Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,794,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC lifted its holdings in Invesco NASDAQ 100 ETF by 6.6% in the third quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock worth $240,000 after purchasing an additional 74 shares during the period. Creative Planning raised its holdings in Invesco NASDAQ 100 ETF by 11.6% during the third quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after purchasing an additional 2,149 shares in the last quarter. Assetmark Inc. lifted its position in Invesco NASDAQ 100 ETF by 60.8% in the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after purchasing an additional 284 shares during the period. HighTower Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 26.4% during 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 in the last quarter. Finally, Benjamin Edwards Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 9,318.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after purchasing an additional 1,491 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 0.8 %

NASDAQ:QQQM opened at $213.31 on Tuesday. The business’s 50-day moving average price is $213.88 and its 200 day moving average price is $203.42. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $221.92. The firm has a market cap of $42.31 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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