Fiduciary Alliance LLC Has $442,000 Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Fiduciary Alliance LLC cut its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,201 shares of the company’s stock after selling 385 shares during the period. Fiduciary Alliance LLC’s holdings in Invesco NASDAQ 100 ETF were worth $442,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Mather Group LLC. acquired a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $39,000. Quantbot Technologies LP acquired a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth $265,000. Sequoia Financial Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at approximately $204,000. Creekmur Asset Management LLC bought a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $32,000. Finally, Portside Wealth Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at approximately $351,000.

Invesco NASDAQ 100 ETF Trading Up 0.8 %

Shares of Invesco NASDAQ 100 ETF stock opened at $204.75 on Tuesday. The company has a market cap of $34.65 billion, a PE ratio of 34.39 and a beta of 1.18. The company has a 50 day moving average of $195.00 and a 200-day moving average of $190.86. Invesco NASDAQ 100 ETF has a 1-year low of $140.84 and a 1-year high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

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