Foresight Capital Management Advisors Inc. Sells 990 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Foresight Capital Management Advisors Inc. lowered its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 24.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,988 shares of the company’s stock after selling 990 shares during the quarter. Foresight Capital Management Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $629,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $29,000. Legacy Investment Solutions LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $31,000. Kieckhefer Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $32,000. Mendota Financial Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $40,000. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $43,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $212.70 on Thursday. The company has a market capitalization of $39.38 billion, a P/E ratio of 34.39 and a beta of 1.18. The business has a fifty day simple moving average of $212.32 and a two-hundred day simple moving average of $202.36. Invesco NASDAQ 100 ETF has a 1 year low of $165.86 and a 1 year high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

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