O Shaughnessy Asset Management LLC Cuts Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

O Shaughnessy Asset Management LLC decreased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 44.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 780 shares of the company’s stock after selling 633 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $164,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of QQQM. Apollon Wealth Management LLC increased its stake in Invesco NASDAQ 100 ETF by 793.0% during the fourth quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock worth $16,021,000 after acquiring an additional 67,604 shares during the last quarter. SeaCrest Wealth Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 9.1% in the 4th quarter. SeaCrest Wealth Management LLC now owns 1,154 shares of the company’s stock worth $243,000 after purchasing an additional 96 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $6,882,000. Barclays PLC raised its holdings in Invesco NASDAQ 100 ETF by 4,489.8% during the 3rd quarter. Barclays PLC now owns 21,113 shares of the company’s stock valued at $4,241,000 after buying an additional 20,653 shares during the period. Finally, HighTower Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF by 1.3% during the 4th quarter. HighTower Advisors LLC now owns 45,980 shares of the company’s stock valued at $9,676,000 after buying an additional 587 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.7 %

NASDAQ QQQM opened at $188.42 on Tuesday. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $222.64. The firm has a market capitalization of $38.92 billion, a price-to-earnings ratio of 30.31 and a beta of 1.18. The company has a fifty day moving average of $201.31 and a two-hundred day moving average of $206.79.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.3176 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

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.