Sharkey Howes & Javer Sells 26,761 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sharkey Howes & Javer trimmed its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 63.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,206 shares of the company’s stock after selling 26,761 shares during the period. Sharkey Howes & Javer’s holdings in Invesco NASDAQ 100 ETF were worth $3,054,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQM. International Assets Investment Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 70.5% during the 1st quarter. International Assets Investment Management LLC now owns 3,930 shares of the company’s stock worth $720,000 after acquiring an additional 1,625 shares in the last quarter. Salem Investment Counselors Inc. grew its holdings in Invesco NASDAQ 100 ETF by 11.9% during the 1st quarter. Salem Investment Counselors Inc. now owns 788 shares of the company’s stock worth $144,000 after acquiring an additional 84 shares in the last quarter. Southland Equity Partners LLC grew its holdings in Invesco NASDAQ 100 ETF by 5.1% during the 1st quarter. Southland Equity Partners LLC now owns 1,870 shares of the company’s stock worth $342,000 after acquiring an additional 90 shares in the last quarter. Global Assets Advisory LLC bought a new position in Invesco NASDAQ 100 ETF during the 1st quarter worth about $9,534,000. Finally, Strategic Planning Group LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 23.8% during the first quarter. Strategic Planning Group LLC now owns 70,030 shares of the company’s stock valued at $12,794,000 after buying an additional 13,463 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock traded down $0.13 during mid-day trading on Monday, hitting $203.39. 496,300 shares of the stock traded hands, compared to its average volume of 1,831,628. The stock has a market cap of $34.68 billion, a P/E ratio of 34.39 and a beta of 1.18. The stock’s fifty day moving average is $196.60 and its two-hundred day moving average is $191.43. Invesco NASDAQ 100 ETF has a 52-week low of $140.84 and a 52-week high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

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