Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Position Decreased by Horizon Wealth Management LLC

Horizon Wealth Management LLC decreased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,173 shares of the company’s stock after selling 15,116 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 4.0% of Horizon Wealth Management LLC’s portfolio, making the stock its 8th largest position. Horizon Wealth Management LLC owned about 0.06% of Invesco NASDAQ 100 ETF worth $23,186,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth approximately $29,000. Legacy Investment Solutions LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $31,000. Kieckhefer Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $32,000. National Bank of Canada FI raised its position in Invesco NASDAQ 100 ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 190 shares of the company’s stock worth $38,000 after purchasing an additional 80 shares during the period. Finally, Mendota Financial Group LLC bought a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $40,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM traded down $0.71 during trading on Monday, hitting $208.14. 1,817,060 shares of the company’s stock traded hands, compared to its average volume of 2,485,680. The firm has a market cap of $38.40 billion, a P/E ratio of 34.39 and a beta of 1.18. The stock has a fifty day moving average of $211.96 and a two-hundred day moving average of $202.14. Invesco NASDAQ 100 ETF has a 12-month low of $165.86 and a 12-month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF 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.