Invesco NASDAQ 100 ETF $QQQM Shares Sold by Bogart Wealth LLC

Bogart Wealth LLC lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 33.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 268,563 shares of the company’s stock after selling 135,461 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 2.6% of Bogart Wealth LLC’s holdings, making the stock its 10th biggest position. Bogart Wealth LLC owned approximately 0.11% of Invesco NASDAQ 100 ETF worth $60,991,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of QQQM. Westwind Capital acquired a new position in Invesco NASDAQ 100 ETF during the first quarter worth $27,000. NorthRock Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth $28,000. Crews Bank & Trust increased its holdings in shares of Invesco NASDAQ 100 ETF by 328.6% in the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares in the last quarter. Hughes Financial Services LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at about $30,000. Finally, HHM Wealth Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 273.2% during the first quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock worth $30,000 after buying an additional 112 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.7%

Shares of QQQM opened at $248.61 on Monday. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $252.42. The firm has a market capitalization of $64.30 billion, a P/E ratio of 31.95 and a beta of 1.18. The firm’s 50-day moving average is $241.77 and its two-hundred day moving average is $222.87.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a $0.3025 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 annualized dividend and a 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.