Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Castle Wealth Management LLC

Castle Wealth Management LLC trimmed its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,855 shares of the company’s stock after selling 838 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 2.3% of Castle Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Castle Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,852,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Clearstead Advisors LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $30,000. Wells Fargo & Company MN increased its stake in Invesco NASDAQ 100 ETF by 578.0% in the 4th quarter. Wells Fargo & Company MN now owns 278 shares of the company’s stock worth $30,000 after purchasing an additional 237 shares in the last quarter. Salem Investment Counselors Inc. purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth about $32,000. CVA Family Office LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth about $34,000. Finally, Pinnacle Bancorp Inc. purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at about $35,000.

Invesco NASDAQ 100 ETF Stock Down 2.1 %

Shares of Invesco NASDAQ 100 ETF stock traded down $3.63 during trading on Friday, hitting $170.63. The stock had a trading volume of 2,813,912 shares, compared to its average volume of 1,880,328. Invesco NASDAQ 100 ETF has a 1 year low of $127.47 and a 1 year high of $184.88. The stock has a 50 day simple moving average of $180.10 and a 200 day simple moving average of $167.85. The company has a market capitalization of $21.88 billion, a PE ratio of 35.17 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.3454 per share. This represents a $1.38 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend was Monday, March 18th.

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.