Vance Wealth Inc. Sells 2,532 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Vance Wealth Inc. lowered its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 28,996 shares of the company’s stock after selling 2,532 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 2.1% of Vance Wealth Inc.’s portfolio, making the stock its 11th biggest holding. Vance Wealth Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $4,887,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Clearstead Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $30,000. Larson Financial Group LLC grew its position in Invesco NASDAQ 100 ETF by 120.5% during the fourth quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock worth $33,000 after buying an additional 106 shares in the last quarter. CVA Family Office LLC acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $34,000. Addison Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $36,000. Finally, FinTrust Capital Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $42,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM traded up $2.70 during trading hours on Friday, reaching $177.35. 1,044,108 shares of the company were exchanged, compared to its average volume of 1,852,672. The company has a market capitalization of $22.87 billion, a P/E ratio of 35.17 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $129.60 and a 1-year high of $184.88. The business has a 50 day moving average of $179.80 and a 200 day moving average of $168.89.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.3454 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date 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.