CreativeOne Wealth LLC Reduces Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

CreativeOne Wealth LLC lowered its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 4,121 shares of the company’s stock after selling 571 shares during the period. CreativeOne Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $828,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of QQQM. CarsonAllaria Wealth Management Ltd. bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $27,000. Massmutual Trust Co. FSB ADV bought a new position in Invesco NASDAQ 100 ETF in the third quarter worth $29,000. Triad Wealth Partners LLC purchased a new position in Invesco NASDAQ 100 ETF during the second quarter valued at $30,000. GAMMA Investing LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at $36,000. Finally, Rothschild Investment LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth about $36,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $209.80 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $157.44 and a 1 year high of $212.19. The firm has a 50-day moving average of $204.19 and a 200 day moving average of $197.22. The stock has a market cap of $35.75 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.20 annualized dividend and a dividend yield of 0.57%.

Invesco NASDAQ 100 ETF 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.