InTrack Investment Management Inc Decreases Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

InTrack Investment Management Inc cut its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,074 shares of the company’s stock after selling 236 shares during the period. InTrack Investment Management Inc’s holdings in Invesco NASDAQ 100 ETF were worth $431,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV bought a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $29,000. Legacy Investment Solutions LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000. Kieckhefer Group LLC bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $32,000. Mendota Financial Group LLC purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth approximately $40,000. Finally, Abich Financial Wealth Management LLC bought a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $43,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $214.78 on Friday. The stock has a market capitalization of $39.76 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $168.46 and a 1-year high of $221.92. The business’s fifty day moving average price is $212.38 and its 200-day moving average price is $202.53.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 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.