Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by LexAurum Advisors LLC

LexAurum Advisors LLC lessened its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 30.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,964 shares of the company’s stock after selling 3,431 shares during the period. LexAurum Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,676,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QQQM. Financial Management Professionals Inc. purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $29,000. Legacy Investment Solutions LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth $31,000. Kieckhefer Group LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $32,000. Finally, Mendota Financial Group LLC acquired a new position in Invesco NASDAQ 100 ETF in the third quarter valued at $40,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $219.31 on Friday. The stock has a market capitalization of $42.45 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $221.92. The business’s 50-day simple moving average is $212.71 and its 200-day simple moving average is $202.84.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3103 dividend. 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.