Peak Financial Advisors LLC Reduces Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Peak Financial Advisors LLC decreased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.4% in the 3rd quarter, Holdings Channel reports. The fund owned 4,104 shares of the company’s stock after selling 146 shares during the quarter. Peak Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $824,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in QQQM. JGP Wealth Management LLC boosted its position in Invesco NASDAQ 100 ETF by 6.8% during the third quarter. JGP Wealth Management LLC now owns 4,567 shares of the company’s stock worth $917,000 after purchasing an additional 291 shares during the period. Congress Park Capital LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 60.8% during the 3rd quarter. Congress Park Capital LLC now owns 37,739 shares of the company’s stock valued at $7,580,000 after buying an additional 14,263 shares in the last quarter. Strong Tower Advisory Services bought a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $519,000. Foguth Wealth Management LLC. grew its stake in Invesco NASDAQ 100 ETF by 44.3% in the 3rd quarter. Foguth Wealth Management LLC. now owns 82,839 shares of the company’s stock valued at $16,682,000 after buying an additional 25,412 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC raised its holdings in Invesco NASDAQ 100 ETF by 78.8% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 236 shares of the company’s stock valued at $47,000 after acquiring an additional 104 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $203.03 on Friday. The firm has a market capitalization of $34.36 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $140.84 and a one year high of $207.24. The business has a fifty day moving average price of $194.12 and a 200-day moving average price of $190.46.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date was Monday, September 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.