Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Empire Life Investments Inc.

Empire Life Investments Inc. reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 67,000 shares of the company’s stock after selling 3,700 shares during the quarter. Empire Life Investments Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $14,100,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Calton & Associates Inc. grew its position in Invesco NASDAQ 100 ETF by 2.0% during 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. Fulcrum Equity Management grew its position in shares of Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after purchasing an additional 56 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its position in shares of Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after purchasing an additional 56 shares during the last quarter. Ridgecrest Wealth Partners LLC grew its position in shares of Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after purchasing an additional 60 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC grew its position in shares of Invesco NASDAQ 100 ETF by 3.4% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock valued at $431,000 after purchasing an additional 68 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $221.56 on Friday. The company’s 50 day simple moving average is $214.96 and its 200-day simple moving average is $204.72. The firm has a market capitalization of $44.00 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

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