Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Eldridge Investment Advisors Inc.

Eldridge Investment Advisors Inc. lowered its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 68.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,778 shares of the company’s stock after selling 34,029 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $2,659,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in QQQM. Larson Financial Group LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 120.5% in the 4th quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock worth $33,000 after acquiring an additional 106 shares during the period. CVA Family Office LLC bought a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at $34,000. Clearstead Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $30,000. Addison Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $36,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $42,000.

Invesco NASDAQ 100 ETF Stock Up 1.3 %

Shares of QQQM traded up $2.19 during mid-day trading on Thursday, reaching $175.64. The company’s stock had a trading volume of 928,107 shares, compared to its average volume of 1,826,420. Invesco NASDAQ 100 ETF has a 1 year low of $129.60 and a 1 year high of $184.88. The company has a market cap of $22.78 billion, a price-to-earnings ratio of 34.39 and a beta of 1.30. The business has a fifty day moving average of $179.75 and a 200 day moving average of $169.39.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.3454 per share. This represents a $1.38 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Monday, March 18th.

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.