Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Holdings Lessened by Horizon Wealth Management LLC

Horizon Wealth Management LLC trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 110,173 shares of the company’s stock after selling 15,116 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 4.0% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Horizon Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $23,186,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of QQQM. Fulcrum Equity Management increased its position in shares of Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after buying an additional 56 shares during the period. Ridgecrest Wealth Partners LLC raised its position in shares of Invesco NASDAQ 100 ETF by 4.4% in the 3rd quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after acquiring an additional 60 shares in the last quarter. Marble Harbor Investment Counsel LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.2% in the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after purchasing an additional 66 shares during the period. Sugarloaf Wealth Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock valued at $431,000 after purchasing an additional 68 shares during the period. Finally, Northstar Group Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 5.4% during the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock valued at $271,000 after purchasing an additional 69 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.3 %

Invesco NASDAQ 100 ETF stock traded down $0.71 on Monday, hitting $208.14. 1,817,060 shares of the stock traded hands, compared to its average volume of 2,485,680. The business’s fifty day simple moving average is $211.96 and its 200 day simple moving average is $202.14. The firm has a market cap of $38.40 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $165.86 and a 1 year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed 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.