Assetmark Inc. Sells 65 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Assetmark Inc. cut its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 686 shares of the company’s stock after selling 65 shares during the quarter. Assetmark Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $144,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 17.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 141,783 shares of the company’s stock valued at $29,838,000 after buying an additional 21,342 shares during the period. Bravias Capital Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $407,000. Keystone Wealth Services LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 60.7% during the 4th quarter. Keystone Wealth Services LLC now owns 4,264 shares of the company’s stock valued at $897,000 after buying an additional 1,611 shares during the period. Durante & Waters LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 7.8% during the 4th quarter. Durante & Waters LLC now owns 1,409 shares of the company’s stock valued at $296,000 after buying an additional 102 shares during the period. Finally, SBI Securities Co. Ltd. bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $5,026,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $197.48 on Friday. The business’s fifty day moving average price is $211.99 and its 200-day moving average price is $207.33. The stock has a market capitalization of $39.21 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

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