Richard W. Paul & Associates LLC Has $939,000 Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Richard W. Paul & Associates LLC trimmed its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,461 shares of the company’s stock after selling 377 shares during the period. Richard W. Paul & Associates LLC’s holdings in Invesco NASDAQ 100 ETF were worth $939,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of QQQM. Calton & Associates Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after buying an additional 46 shares during the period. Montag A & Associates Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 15.5% in the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock valued at $78,000 after acquiring an additional 50 shares in the last quarter. Fulcrum Equity Management boosted its stake in Invesco NASDAQ 100 ETF by 3.3% in the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after purchasing an additional 56 shares during the period. Robertson Stephens Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock worth $654,000 after purchasing an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC raised its stake in Invesco NASDAQ 100 ETF by 1.4% during the 4th quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after purchasing an additional 59 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.6 %

QQQM opened at $209.26 on Friday. The firm has a market capitalization of $41.55 billion, a P/E ratio of 33.44 and a beta of 1.18. The stock has a fifty day moving average of $214.93 and a 200-day moving average of $207.05. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

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