Invesco NASDAQ 100 ETF $QQQM Shares Sold by Twin Tree Management LP

Twin Tree Management LP lessened its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 75.8% in the 4th quarter, Holdings Channel reports. The fund owned 9,616 shares of the company’s stock after selling 30,096 shares during the period. Twin Tree Management LP’s holdings in Invesco NASDAQ 100 ETF were worth $2,432,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Garner Asset Management Corp acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $25,000. New Millennium Group LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% in the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Finally, Bank & Trust Co purchased a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Stock Up 1.5%

Shares of QQQM opened at $294.81 on Tuesday. The company has a 50-day simple moving average of $275.73 and a 200-day simple moving average of $260.26. The company has a market capitalization of $88.50 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 52-week low of $215.55 and a 52-week high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

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

About Invesco NASDAQ 100 ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report).

Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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