FourThought Financial Partners LLC Has $803,000 Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

FourThought Financial Partners LLC decreased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,764 shares of the company’s stock after selling 471 shares during the period. FourThought Financial Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $803,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Clearstead Advisors LLC acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $30,000. Larson Financial Group LLC increased its position in Invesco NASDAQ 100 ETF by 120.5% in the 4th quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 106 shares during the last quarter. CVA Family Office LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $34,000. Addison Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $36,000. Finally, FinTrust Capital Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $42,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM traded up $3.55 during mid-day trading on Friday, reaching $179.20. The stock had a trading volume of 1,944,793 shares, compared to its average volume of 1,832,171. The stock has a market cap of $23.24 billion, a P/E ratio of 34.39 and a beta of 1.18. The business’s 50 day moving average is $179.65 and its 200 day moving average is $169.75. Invesco NASDAQ 100 ETF has a fifty-two week low of $129.60 and a fifty-two week high of $184.88.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.3454 per share. The ex-dividend date was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.77%.

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.