First Command Advisory Services Inc. lessened its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 0.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,747,672 shares of the company’s stock after selling 29,099 shares during the period. Invesco NASDAQ 100 ETF accounts for about 8.4% of First Command Advisory Services Inc.’s portfolio, making the stock its 3rd largest position. First Command Advisory Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $1,200,781,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Garner Asset Management Corp acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. New Millennium Group LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares during the period. Imprint Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Abich Financial Wealth Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Finally, Bank & Trust Co acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $46,000.
Invesco NASDAQ 100 ETF Stock Down 4.8%
Invesco NASDAQ 100 ETF stock opened at $290.35 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $215.55 and a 12-month high of $308.21. The firm’s fifty day moving average is $274.56 and its 200 day moving average is $259.83. The company has a market capitalization of $87.16 billion, a PE ratio of 31.95 and a beta of 1.23.
Invesco NASDAQ 100 ETF Increases Dividend
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.
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