Shoker Investment Counsel Inc. Sells 603 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Shoker Investment Counsel Inc. reduced its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,258 shares of the company’s stock after selling 603 shares during the quarter. Shoker Investment Counsel Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $1,528,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of QQQM. Apollon Wealth Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 793.0% during the fourth quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock valued at $16,021,000 after buying an additional 67,604 shares during the last quarter. Assetmark Inc. lifted its position in Invesco NASDAQ 100 ETF by 60.8% in the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after acquiring an additional 284 shares in the last quarter. HighTower Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 26.4% during the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock valued at $9,107,000 after purchasing an additional 9,469 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF by 9,318.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock worth $303,000 after purchasing an additional 1,491 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Invesco NASDAQ 100 ETF by 2,926.5% in the third quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock worth $4,208,000 after purchasing an additional 20,310 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $206.05 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64. The company has a market cap of $40.92 billion, a P/E ratio of 33.44 and a beta of 1.18. The stock’s fifty day moving average price is $215.02 and its 200-day moving average price is $206.89.

Invesco NASDAQ 100 ETF Dividend Announcement

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