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

Stratos Wealth Advisors LLC lessened its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 73.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,310 shares of the company’s stock after selling 6,356 shares during the period. Stratos Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $486,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in QQQM. National Mutual Insurance Federation of Agricultural Cooperatives raised its position in shares of Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after acquiring an additional 1,712,000 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in Invesco NASDAQ 100 ETF by 13.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock worth $1,240,851,000 after buying an additional 754,700 shares during the period. Main Management Fund Advisors LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth approximately $65,598,000. Meitav Investment House Ltd. increased its position in Invesco NASDAQ 100 ETF by 25.7% during the third quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after buying an additional 324,887 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in Invesco NASDAQ 100 ETF by 13.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after buying an additional 194,261 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 1.2 %

QQQM opened at $215.35 on Friday. The firm has a market cap of $42.76 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The business’s 50 day moving average is $214.48 and its two-hundred day moving average is $203.86.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend 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.