Invesco NASDAQ 100 ETF $QQQM Shares Sold by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. reduced its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 128,300 shares of the company’s stock after selling 8,941 shares during the period. Invesco NASDAQ 100 ETF makes up 6.9% of Whitaker Myers Wealth Managers LTD.’s investment portfolio, making the stock its 2nd largest holding. Whitaker Myers Wealth Managers LTD.’s holdings in Invesco NASDAQ 100 ETF were worth $31,705,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. VCI Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 14.3% during the third quarter. VCI Wealth Management LLC now owns 1,095 shares of the company’s stock worth $271,000 after buying an additional 137 shares during the period. TrueWealth Advisors LLC raised its stake in Invesco NASDAQ 100 ETF by 0.7% during the 3rd quarter. TrueWealth Advisors LLC now owns 6,969 shares of the company’s stock valued at $1,722,000 after acquiring an additional 50 shares during the last quarter. CWM LLC raised its stake in Invesco NASDAQ 100 ETF by 180.3% during the 3rd quarter. CWM LLC now owns 241,309 shares of the company’s stock valued at $59,632,000 after acquiring an additional 155,208 shares during the last quarter. SFM LLC lifted its position in Invesco NASDAQ 100 ETF by 11.0% during the 3rd quarter. SFM LLC now owns 4,607 shares of the company’s stock worth $1,138,000 after acquiring an additional 457 shares during the period. Finally, Independent Wealth Network Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 97.6% in the 3rd quarter. Independent Wealth Network Inc. now owns 5,493 shares of the company’s stock valued at $1,357,000 after purchasing an additional 2,713 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.2%

NASDAQ:QQQM opened at $256.63 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The stock’s 50 day simple moving average is $253.55 and its 200-day simple moving average is $241.20. The firm has a market cap of $67.21 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 22nd will be given a dividend of $0.323 per share. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, December 22nd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.