Castle Wealth Management LLC Sells 594 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Castle Wealth Management LLC lessened its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,501 shares of the company’s stock after selling 594 shares during the quarter. Invesco NASDAQ 100 ETF makes up 1.4% of Castle Wealth Management LLC’s portfolio, making the stock its 25th biggest position. Castle Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,683,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Management Professionals Inc. bought a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $25,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $31,000. Kieckhefer Group LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth $32,000. Abich Financial Wealth Management LLC purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $43,000. Finally, Blue Trust Inc. purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth $49,000.

Invesco NASDAQ 100 ETF Stock Up 0.1 %

Shares of QQQM stock opened at $217.54 on Thursday. The stock has a market cap of $43.20 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business’s fifty day moving average is $214.80 and its 200 day moving average is $204.51. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

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