Theory Financial LLC Sells 330 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Theory Financial LLC cut its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 30,078 shares of the company’s stock after selling 330 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 2.6% of Theory Financial LLC’s holdings, making the stock its 11th largest holding. Theory Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,330,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Apollon Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF by 793.0% during the 4th quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock worth $16,021,000 after acquiring an additional 67,604 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 6.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock worth $240,000 after acquiring an additional 74 shares during the last quarter. Assetmark Inc. grew its position in Invesco NASDAQ 100 ETF by 60.8% during the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after acquiring an additional 284 shares during the last quarter. HighTower Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 26.4% during the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after acquiring an additional 9,469 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its position in 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 worth $303,000 after acquiring an additional 1,491 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $216.61 on Friday. The stock’s 50 day simple moving average is $215.48 and its 200 day simple moving average is $206.10. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64. The firm has a market cap of $43.01 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF Company 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.