Financial Partners Group Inc Sells 525 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Financial Partners Group Inc decreased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 112,118 shares of the company’s stock after selling 525 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 3.4% of Financial Partners Group Inc’s investment portfolio, making the stock its 7th largest position. Financial Partners Group Inc owned about 0.06% of Invesco NASDAQ 100 ETF worth $23,595,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of QQQM. Financial Management Professionals Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $29,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. Kieckhefer Group LLC acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $32,000. Finally, Mendota Financial Group LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth $40,000.

Invesco NASDAQ 100 ETF Stock Down 0.2 %

Shares of QQQM opened at $214.99 on Monday. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $221.92. The company has a market cap of $42.64 billion, a P/E ratio of 34.39 and a beta of 1.18. The firm’s 50 day moving average price is $213.88 and its 200 day moving average price is $203.38.

Invesco NASDAQ 100 ETF Announces Dividend

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