Wealthgarden F.S. LLC Reduces Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Wealthgarden F.S. LLC reduced its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,479 shares of the company’s stock after selling 2,784 shares during the quarter. Invesco NASDAQ 100 ETF comprises 2.1% of Wealthgarden F.S. LLC’s portfolio, making the stock its 8th biggest holding. Wealthgarden F.S. LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,205,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Financial Management Professionals Inc. bought a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Kieckhefer Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $32,000. Abich Financial Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $43,000. Finally, Blue Trust Inc. bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at about $49,000.

Invesco NASDAQ 100 ETF Stock Down 2.1 %

Shares of QQQM opened at $216.61 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $222.64. The firm has a market capitalization of $43.01 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The stock’s 50-day moving average price is $215.48 and its 200 day moving average price is $206.10.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.