Invesco NASDAQ 100 ETF $QQQM Shares Sold by Barings LLC

Barings LLC lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,670 shares of the company’s stock after selling 4,386 shares during the period. Barings LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,263,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of QQQM. Bison Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth about $393,000. Capstone Wealth Management Group LLC increased its holdings in Invesco NASDAQ 100 ETF by 9.6% during the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after purchasing an additional 3,220 shares during the period. Goldman Sachs Group Inc. increased its holdings in 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 purchased a new stake in Invesco NASDAQ 100 ETF during the 1st quarter worth about $742,000. Finally, Valeo Financial Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth about $534,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $295.02 on Friday. Invesco NASDAQ 100 ETF has a one year low of $215.55 and a one year high of $308.21. The company has a market cap of $88.56 billion, a P/E ratio of 31.95 and a beta of 1.23. The business’s 50-day simple moving average is $279.20 and its 200-day simple moving average is $261.26.

Invesco NASDAQ 100 ETF Increases Dividend

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

About Invesco NASDAQ 100 ETF

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.