Janus Henderson Group PLC Has $53.87 Million Stake in Invesco NASDAQ 100 ETF $QQQM

Janus Henderson Group PLC reduced its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 26.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 226,706 shares of the company’s stock after selling 83,092 shares during the period. Janus Henderson Group PLC owned approximately 0.08% of Invesco NASDAQ 100 ETF worth $53,870,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Garner Asset Management Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $25,000. Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000. SJS Investment Consulting Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $40,000. Osbon Capital Management LLC bought a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth $41,000. Finally, Signature Equity Partners LLC grew its holdings in Invesco NASDAQ 100 ETF by 19,600.0% during the first quarter. Signature Equity Partners LLC now owns 197 shares of the company’s stock worth $47,000 after buying an additional 196 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.7%

NASDAQ QQQM opened at $283.41 on Friday. The firm has a market capitalization of $97.11 billion, a P/E ratio of 31.95 and a beta of 1.22. The business has a fifty day simple moving average of $294.59 and a 200 day simple moving average of $270.86. Invesco NASDAQ 100 ETF has a 12 month low of $227.00 and a 12 month high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.3522 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.41 annualized dividend and a yield of 0.5%.

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.