Invesco NASDAQ 100 ETF $QQQM Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC trimmed its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 25.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,423 shares of the company’s stock after selling 4,309 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,989,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. boosted its position in Invesco NASDAQ 100 ETF by 3,234.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC raised its holdings in Invesco NASDAQ 100 ETF by 1,615.9% in the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after acquiring an additional 899,154 shares during the last quarter. Bouchey Financial Group Ltd lifted its stake in shares of Invesco NASDAQ 100 ETF by 68,507.2% during the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after purchasing an additional 587,107 shares during the period. Meitav Investment House Ltd. lifted its stake in shares of Invesco NASDAQ 100 ETF by 25.3% during the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after purchasing an additional 520,102 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of Invesco NASDAQ 100 ETF by 62.9% during the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.3%

Shares of NASDAQ:QQQM traded up $0.94 during midday trading on Friday, reaching $298.72. The company’s stock had a trading volume of 2,619,746 shares, compared to its average volume of 4,542,785. The firm has a market cap of $100.14 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 1 year low of $227.00 and a 1 year high of $308.21. The business has a 50 day moving average price of $295.73 and a 200 day moving average price of $267.63.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

Invesco NASDAQ 100 ETF Company 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.