Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Holdings Lowered by Kestra Advisory Services LLC

Kestra Advisory Services LLC trimmed its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.5% in the 4th quarter, HoldingsChannel reports. The firm owned 199,698 shares of the company’s stock after selling 1,066 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $42,026,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Analyst IMS Investment Management Services Ltd. raised its position in Invesco NASDAQ 100 ETF by 656.4% during the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 36,458 shares of the company’s stock valued at $7,673,000 after buying an additional 31,638 shares during the period. Gerber LLC raised its position in Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Gerber LLC now owns 15,872 shares of the company’s stock valued at $3,340,000 after buying an additional 517 shares during the period. Commonwealth Equity Services LLC increased its position in Invesco NASDAQ 100 ETF by 10.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 634,659 shares of the company’s stock worth $133,564,000 after purchasing an additional 57,592 shares during the last quarter. Madison Wealth Partners Inc increased its position in Invesco NASDAQ 100 ETF by 6.5% in the 4th quarter. Madison Wealth Partners Inc now owns 9,488 shares of the company’s stock worth $1,997,000 after purchasing an additional 577 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its position in Invesco NASDAQ 100 ETF by 10.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 249,313 shares of the company’s stock worth $52,468,000 after purchasing an additional 23,173 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $197.48 on Friday. The firm has a market cap of $39.21 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18. The business’s 50-day simple moving average is $211.99 and its 200-day simple moving average is $207.33. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64.

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 paid a dividend of $0.3103 per share. The ex-dividend date 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.