Hazlett Burt & Watson Inc. Sells 230 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Hazlett Burt & Watson Inc. lowered its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 33.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 454 shares of the company’s stock after selling 230 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $87,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Union Bancaire Privee UBP SA purchased a new position in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $25,000. Westwind Capital purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $27,000. Crews Bank & Trust increased its stake in Invesco NASDAQ 100 ETF by 328.6% in the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock worth $29,000 after acquiring an additional 115 shares during the last quarter. Hughes Financial Services LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $30,000. Finally, Nemes Rush Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $32,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $232.22 on Tuesday. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $233.00. The company has a market cap of $55.01 billion, a PE ratio of 31.95 and a beta of 1.18. The business’s 50-day simple moving average is $219.99 and its two-hundred day simple moving average is $208.79.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were given a $0.3161 dividend. This represents a $1.26 annualized dividend and a yield of 0.54%. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, June 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.