EdgeRock Capital LLC Sells 5,821 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

EdgeRock Capital LLC lowered its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 136,465 shares of the company’s stock after selling 5,821 shares during the period. Invesco NASDAQ 100 ETF makes up 18.8% of EdgeRock Capital LLC’s holdings, making the stock its biggest holding. EdgeRock Capital LLC owned approximately 0.07% of Invesco NASDAQ 100 ETF worth $28,719,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC grew its stake in Invesco NASDAQ 100 ETF by 6.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock worth $240,000 after purchasing an additional 74 shares in the last quarter. Allworth Financial LP grew its position in shares of Invesco NASDAQ 100 ETF by 25.2% during the third quarter. Allworth Financial LP now owns 1,796 shares of the company’s stock worth $361,000 after buying an additional 361 shares in the last quarter. NorthCrest Asset Manangement LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $304,000. Arkadios Wealth Advisors acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $208,000. Finally, PFG Investments LLC lifted its stake in Invesco NASDAQ 100 ETF by 25.1% in the third quarter. PFG Investments LLC now owns 1,782 shares of the company’s stock worth $358,000 after acquiring an additional 357 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.2 %

NASDAQ QQQM opened at $214.04 on Tuesday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The firm has a 50 day moving average of $215.48 and a two-hundred day moving average of $206.47. The stock has a market capitalization of $42.50 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors 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 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.