Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Assetmark Inc.

Assetmark Inc. reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 686 shares of the company’s stock after selling 65 shares during the quarter. Assetmark Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $144,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in QQQM. Apollon Wealth Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 61.0% during the third quarter. Apollon Wealth Management LLC now owns 8,525 shares of the company’s stock worth $1,712,000 after buying an additional 3,229 shares during the period. Prime Capital Investment Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 20.0% during the third quarter. Prime Capital Investment Advisors LLC now owns 3,656 shares of the company’s stock valued at $734,000 after purchasing an additional 609 shares during the period. Oppenheimer & Co. Inc. lifted its position in Invesco NASDAQ 100 ETF by 10.9% during the third quarter. Oppenheimer & Co. Inc. now owns 28,529 shares of the company’s stock valued at $5,730,000 after purchasing an additional 2,801 shares during the period. Kovack Advisors Inc. acquired a new position in Invesco NASDAQ 100 ETF during the third quarter valued at $378,000. Finally, Signature Estate & Investment Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 12.8% during the third quarter. Signature Estate & Investment Advisors LLC now owns 12,940 shares of the company’s stock valued at $2,599,000 after purchasing an additional 1,472 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $197.48 on Friday. The company has a market capitalization of $39.21 billion, a PE ratio of 33.44 and a beta of 1.18. The company has a fifty day moving average of $211.99 and a 200 day moving average of $207.33. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year 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 given a dividend of $0.3103 per share. The ex-dividend date was Monday, December 23rd.

About Invesco NASDAQ 100 ETF

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.