NWF Advisory Services Inc. Decreases Stock Position in Invesco NASDAQ 100 ETF $QQQM

NWF Advisory Services Inc. decreased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 45.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,957 shares of the company’s stock after selling 6,689 shares during the quarter. NWF Advisory Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $2,012,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Garner Asset Management Corp purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at $25,000. New Millennium Group LLC grew its holdings in Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Imprint Wealth LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth $31,000. Bank & Trust Co purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth $46,000. Finally, Monetary Solutions Ltd purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth $50,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $304.52 on Friday. The company’s fifty day moving average price is $286.28 and its two-hundred day moving average price is $263.28. The firm has a market capitalization of $91.41 billion, a P/E ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 12 month low of $215.55 and a 12 month high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.3522 per share. The ex-dividend date of this dividend is Monday, June 22nd.

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.