Invesco NASDAQ 100 ETF $QQQM Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 67.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,992 shares of the company’s stock after selling 52,013 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $7,572,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Garner Asset Management Corp acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $25,000. Imprint Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. SJS Investment Consulting Inc. acquired a new stake in Invesco NASDAQ 100 ETF during the first quarter worth about $40,000. Osbon Capital Management LLC acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth about $41,000. Finally, Versant Capital Management Inc bought a new position in Invesco NASDAQ 100 ETF in the second quarter worth about $41,000.

Invesco NASDAQ 100 ETF Stock Down 0.3%

Shares of QQQM stock opened at $295.83 on Wednesday. The business has a 50 day moving average of $293.62 and a two-hundred day moving average of $272.93. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $308.21. The company has a market cap of $101.55 billion, a P/E ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.