Invesco NASDAQ 100 ETF $QQQM Position Trimmed by Avion Wealth

Avion Wealth lessened its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 87.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 331 shares of the company’s stock after selling 2,405 shares during the period. Avion Wealth’s holdings in Invesco NASDAQ 100 ETF were worth $78,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bison Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $393,000. Capstone Wealth Management Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 9.6% during the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after purchasing an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $742,000. Finally, Valeo Financial Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $534,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $298.72 on Monday. Invesco NASDAQ 100 ETF has a 12-month low of $227.00 and a 12-month high of $308.21. The firm has a market capitalization of $100.14 billion, a P/E ratio of 31.95 and a beta of 1.22. The business has a 50 day simple moving average of $295.73 and a 200 day simple moving average of $267.72.

Invesco NASDAQ 100 ETF Dividend Announcement

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