Wealthcare Advisory Partners LLC Trims Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Wealthcare Advisory Partners LLC cut its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 67.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,992 shares of the company’s stock after selling 52,013 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $7,572,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bison Wealth LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $393,000. Capstone Wealth Management Group LLC boosted its stake 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 valued at $7,129,000 after acquiring an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake 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 valued at $9,876,000 after acquiring an additional 819 shares during the last quarter. Empowered Funds LLC acquired a new position in Invesco NASDAQ 100 ETF during the 1st quarter worth $742,000. Finally, Valeo Financial Advisors LLC acquired a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth $534,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $295.83 on Wednesday. The company has a 50-day moving average of $293.62 and a 200-day moving average of $272.93. The company has a market capitalization of $101.55 billion, a P/E ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 22nd.

Invesco NASDAQ 100 ETF Company Profile

(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.

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

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