Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by LexAurum Advisors LLC

Posted by Frank Smitson on Jan 24th, 2025

LexAurum Advisors LLC cut its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 30.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,964 shares of the company’s stock after selling 3,431 shares during the period. LexAurum Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth $25,000. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $29,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF in the third quarter valued at about $31,000. Kieckhefer Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $32,000. Finally, Mendota Financial Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $40,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $219.31 on Friday. The stock has a fifty day moving average price of $212.71 and a 200 day moving average price of $202.84. The stock has a market cap of $42.45 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.3103 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.