Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Highland Financial Advisors LLC’s 2nd Largest Position

Highland Financial Advisors LLC lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 126,679 shares of the company’s stock after selling 357 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 9.2% of Highland Financial Advisors LLC’s holdings, making the stock its 2nd biggest holding. Highland Financial Advisors LLC owned about 0.06% of Invesco NASDAQ 100 ETF worth $26,660,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning lifted its position in Invesco NASDAQ 100 ETF by 11.6% during the 3rd quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after acquiring an additional 2,149 shares in the last quarter. SeaCrest Wealth Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $212,000. Stratos Wealth Partners LTD. lifted its position in shares of Invesco NASDAQ 100 ETF by 63.5% during the third quarter. Stratos Wealth Partners LTD. now owns 48,109 shares of the company’s stock worth $9,663,000 after purchasing an additional 18,681 shares in the last quarter. Stratos Wealth Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 3.8% in the third quarter. Stratos Wealth Advisors LLC now owns 8,666 shares of the company’s stock valued at $1,741,000 after purchasing an additional 317 shares during the period. Finally, IFG Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 184.2% during the 3rd quarter. IFG Advisors LLC now owns 81,731 shares of the company’s stock valued at $16,416,000 after purchasing an additional 52,974 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $221.56 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $221.92. The company has a market capitalization of $44.00 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The firm’s fifty day moving average price is $215.06 and its 200 day moving average price is $205.05.

Invesco NASDAQ 100 ETF Announces Dividend

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

About Invesco NASDAQ 100 ETF

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.