JBR Co Financial Management Inc Decreases Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

JBR Co Financial Management Inc lessened its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,721 shares of the company’s stock after selling 260 shares during the period. Invesco NASDAQ 100 ETF makes up about 3.3% of JBR Co Financial Management Inc’s holdings, making the stock its 5th biggest position. JBR Co Financial Management Inc’s holdings in Invesco NASDAQ 100 ETF were worth $5,413,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Apollon Wealth Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 793.0% in the 4th quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock worth $16,021,000 after buying an additional 67,604 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of 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 worth $240,000 after buying an additional 74 shares during the last quarter. Assetmark Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF by 60.8% in the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after buying an additional 284 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of 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 purchasing an additional 1,491 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $216.61 on Friday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The stock has a market capitalization of $43.01 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The company has a fifty day moving average of $215.48 and a 200-day moving average of $206.10.

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 paid a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF Profile

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.