Summit Financial LLC Sells 7,425 Shares of Invesco NASDAQ 100 ETF $QQQM

Posted by on Jun 13th, 2026

Summit Financial LLC lowered its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 342,229 shares of the company’s stock after selling 7,425 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 1.3% of Summit Financial LLC’s holdings, making the stock its 11th biggest holding. Summit Financial LLC owned about 0.12% of Invesco NASDAQ 100 ETF worth $86,557,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Garner Asset Management Corp bought a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth about $25,000. New Millennium Group LLC grew its holdings in Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after acquiring an additional 94 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Imprint Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Finally, Bank & Trust Co bought a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth about $46,000.

Invesco NASDAQ 100 ETF Stock Up 0.7%

Shares of NASDAQ:QQQM opened at $297.01 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $215.55 and a 12 month high of $308.21. The company’s 50-day moving average price is $280.33 and its two-hundred day moving average price is $261.51. The firm has a market cap of $89.16 billion, a P/E ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.3277 dividend. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 annualized dividend and a dividend yield of 0.4%.

About Invesco NASDAQ 100 ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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