Hartford Financial Management Inc. Cuts Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Hartford Financial Management Inc. lowered its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 23.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 935 shares of the company’s stock after selling 280 shares during the period. Hartford Financial Management Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $197,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Calton & Associates Inc. boosted its position in Invesco NASDAQ 100 ETF by 2.0% during the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock valued at $490,000 after purchasing an additional 46 shares in the last quarter. Fulcrum Equity Management boosted its holdings 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 buying an additional 56 shares in the last quarter. Ridgecrest Wealth Partners LLC lifted its position in Invesco NASDAQ 100 ETF by 4.4% during the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after acquiring an additional 60 shares during the last quarter. Sugarloaf Wealth Management LLC boosted its stake 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 valued at $431,000 after acquiring an additional 68 shares in the last quarter. Finally, Northstar Group Inc. grew 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 purchasing an additional 69 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.4 %

Shares of QQQM stock opened at $215.34 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 fifty day simple moving average is $213.60 and its 200-day simple moving average is $203.23. The company has a market cap of $42.10 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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