Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Pier 88 Investment Partners LLC

Pier 88 Investment Partners LLC lessened its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 700 shares of the company’s stock after selling 600 shares during the period. Pier 88 Investment Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $147,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Calton & Associates Inc. grew its holdings in Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock valued at $490,000 after purchasing an additional 46 shares during the last quarter. Montag A & Associates Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 15.5% in the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock worth $78,000 after buying an additional 50 shares in the last quarter. Fulcrum Equity Management grew its stake in Invesco NASDAQ 100 ETF by 3.3% in the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after acquiring an additional 56 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its holdings in Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after acquiring an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC increased its holdings in Invesco NASDAQ 100 ETF by 1.4% during the 4th quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after acquiring an additional 59 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $193.08 on Monday. The firm’s 50-day moving average is $209.34 and its two-hundred day moving average is $208.03. The company has a market capitalization of $38.34 billion, a PE ratio of 30.79 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.3176 dividend. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.