FourThought Financial Partners LLC Reduces Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

FourThought Financial Partners LLC reduced its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,764 shares of the company’s stock after selling 471 shares during the period. FourThought Financial Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $803,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its stake in Invesco NASDAQ 100 ETF by 18,603.9% in the third quarter. Bank of New York Mellon Corp now owns 888,621 shares of the company’s stock valued at $130,992,000 after buying an additional 883,870 shares during the last quarter. Money Design Co. Ltd. raised its position in Invesco NASDAQ 100 ETF by 126.0% in the 4th quarter. Money Design Co. Ltd. now owns 785,015 shares of the company’s stock valued at $132,306,000 after purchasing an additional 437,683 shares during the last quarter. LPL Financial LLC boosted its stake in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. LPL Financial LLC now owns 3,883,222 shares of the company’s stock worth $572,426,000 after purchasing an additional 428,164 shares during the period. International Assets Investment Management LLC purchased a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth $65,475,000. Finally, Mainstay Capital Management LLC ADV increased its stake in Invesco NASDAQ 100 ETF by 53.0% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,045,155 shares of the company’s stock valued at $176,150,000 after purchasing an additional 362,075 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM traded up $3.55 on Friday, reaching $179.20. The company’s stock had a trading volume of 1,944,793 shares, compared to its average volume of 1,832,171. Invesco NASDAQ 100 ETF has a 52-week low of $129.60 and a 52-week high of $184.88. The stock has a market capitalization of $23.24 billion, a P/E ratio of 34.39 and a beta of 1.18. The stock’s 50-day moving average is $179.65 and its two-hundred day moving average is $169.75.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.3454 per share. This represents a $1.38 annualized dividend and a yield of 0.77%. The ex-dividend date was Monday, March 18th.

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.