Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by MGO One Seven LLC

MGO One Seven LLC lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 64.0% during the first quarter, Holdings Channel.com reports. The firm owned 12,068 shares of the company’s stock after selling 21,480 shares during the quarter. MGO One Seven LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,329,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA purchased a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at approximately $25,000. Westwind Capital acquired a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at $27,000. NorthRock Partners LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the first quarter valued at $28,000. Crews Bank & Trust increased its position in shares of Invesco NASDAQ 100 ETF by 328.6% in the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after buying an additional 115 shares in the last quarter. Finally, Hughes Financial Services LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth $30,000.

Invesco NASDAQ 100 ETF Stock Down 2.0%

Invesco NASDAQ 100 ETF stock opened at $228.02 on Friday. The firm’s 50-day simple moving average is $223.95 and its 200 day simple moving average is $210.27. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $236.53. The firm has a market capitalization of $54.67 billion, a PE ratio of 31.95 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.3161 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.6%.

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.