Kestra Investment Management LLC Sells 711 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Kestra Investment Management LLC lessened its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 57.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 534 shares of the company’s stock after selling 711 shares during the period. Kestra Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $112,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in QQQM. Strategic Financial Concepts LLC lifted its holdings in Invesco NASDAQ 100 ETF by 26,756.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after buying an additional 6,174,281 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings in Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after buying an additional 1,712,000 shares in the last quarter. IMC Chicago LLC bought a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at about $208,737,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Invesco NASDAQ 100 ETF by 13.9% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after buying an additional 754,700 shares in the last quarter. Finally, Main Management Fund Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $65,598,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $221.18 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64. The company has a 50-day moving average of $215.51 and a 200 day moving average of $205.84. The firm has a market capitalization of $43.92 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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