Fisher Asset Management LLC Sells 2,068 Shares of Invesco NASDAQ 100 ETF $QQQM

Fisher Asset Management LLC decreased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 27.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,343 shares of the company’s stock after selling 2,068 shares during the period. Fisher Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,351,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of QQQM. Bison Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $393,000. Capstone Wealth Management Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after acquiring an additional 819 shares in the last quarter. Empowered Funds LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at about $742,000. Finally, Valeo Financial Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $534,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $303.96 on Friday. The stock has a market capitalization of $91.24 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. The business has a 50-day moving average of $268.46 and a 200-day moving average of $258.13. Invesco NASDAQ 100 ETF has a fifty-two week low of $210.80 and a fifty-two week high of $305.33.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.3277 per share. The ex-dividend date was Monday, March 23rd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%.

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.