Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC trimmed its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,751 shares of the company’s stock after selling 699 shares during the quarter. Crescent Grove Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,842,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in QQQM. Sequoia Financial Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock worth $240,000 after purchasing an additional 74 shares during the last quarter. Creative Planning lifted its holdings in Invesco NASDAQ 100 ETF by 11.6% during the 3rd quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after buying an additional 2,149 shares during the last quarter. Assetmark Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 60.8% in the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after acquiring an additional 284 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 26.4% in the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock valued at $9,107,000 after acquiring an additional 9,469 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 9,318.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after acquiring an additional 1,491 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $218.05 on Friday. The firm has a market cap of $42.31 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $221.92. The firm has a fifty day moving average price of $213.18 and a two-hundred day moving average price of $203.03.

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 $0.3103 dividend. 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.