Silver Oak Securities Incorporated Lowers Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Silver Oak Securities Incorporated cut its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,290 shares of the company’s stock after selling 500 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco NASDAQ 100 ETF were worth $1,760,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sequoia Financial Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after acquiring an additional 74 shares in the last quarter. Creative Planning grew its stake in Invesco NASDAQ 100 ETF by 11.6% during the 3rd quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after purchasing an additional 2,149 shares in the last quarter. Assetmark Inc. increased its holdings in Invesco NASDAQ 100 ETF by 60.8% during the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after purchasing an additional 284 shares during the period. HighTower Advisors LLC raised its position in Invesco NASDAQ 100 ETF by 26.4% in the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock valued at $9,107,000 after purchasing an additional 9,469 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 9,318.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after buying an additional 1,491 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.4 %

Shares of NASDAQ:QQQM opened at $216.90 on Thursday. The stock has a market cap of $43.02 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The firm’s 50 day moving average price is $214.10 and its 200 day moving average price is $203.67. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.3103 per share. 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.