Theory Financial LLC Has $6.33 Million Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Theory Financial LLC reduced its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,078 shares of the company’s stock after selling 330 shares during the period. Invesco NASDAQ 100 ETF accounts for about 2.6% of Theory Financial LLC’s holdings, making the stock its 11th biggest position. Theory Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,330,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. LWM Advisory Services LLC raised its position in Invesco NASDAQ 100 ETF by 7.1% in the fourth quarter. LWM Advisory Services LLC now owns 6,582 shares of the company’s stock worth $1,385,000 after acquiring an additional 439 shares during the period. First Horizon Advisors Inc. raised its position in Invesco NASDAQ 100 ETF by 17.7% in the fourth quarter. First Horizon Advisors Inc. now owns 638 shares of the company’s stock worth $134,000 after acquiring an additional 96 shares during the period. Sigma Planning Corp raised its position in Invesco NASDAQ 100 ETF by 1.4% in the fourth quarter. Sigma Planning Corp now owns 8,912 shares of the company’s stock worth $1,875,000 after acquiring an additional 119 shares during the period. Turning Point Benefit Group Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $202,000. Finally, VisionPoint Advisory Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $1,770,000.

Invesco NASDAQ 100 ETF Stock Down 2.1 %

NASDAQ QQQM opened at $216.61 on Friday. The company’s 50 day moving average is $215.48 and its 200-day moving average is $206.10. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $222.64. The firm has a market cap of $43.01 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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