Exchange Traded Concepts LLC Has $78.10 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Exchange Traded Concepts LLC reduced its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 371,122 shares of the company’s stock after selling 79,627 shares during the period. Invesco NASDAQ 100 ETF comprises 1.6% of Exchange Traded Concepts LLC’s portfolio, making the stock its 8th biggest position. Exchange Traded Concepts LLC’s holdings in Invesco NASDAQ 100 ETF were worth $78,103,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Encompass More Asset Management bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $327,000. RFG Advisory LLC lifted its holdings in Invesco NASDAQ 100 ETF by 8.1% during the fourth quarter. RFG Advisory LLC now owns 381,653 shares of the company’s stock worth $80,319,000 after buying an additional 28,463 shares during the period. Cornerstone Wealth Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.4% during the 4th quarter. Cornerstone Wealth Management LLC now owns 28,764 shares of the company’s stock worth $6,053,000 after purchasing an additional 403 shares during the last quarter. Seneca House Advisors purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $238,000. Finally, Secure Asset Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 11.2% in the 4th quarter. Secure Asset Management LLC now owns 32,466 shares of the company’s stock valued at $6,832,000 after buying an additional 3,266 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.1 %

NASDAQ QQQM opened at $219.55 on Friday. The company has a 50 day moving average price of $212.71 and a 200 day moving average price of $202.84. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The firm has a market cap of $42.50 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given 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.