RFG Advisory LLC Sells 7,975 Shares of Invesco NASDAQ 100 ETF $QQQM

RFG Advisory LLC decreased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 108,314 shares of the company’s stock after selling 7,975 shares during the quarter. RFG Advisory LLC’s holdings in Invesco NASDAQ 100 ETF were worth $25,738,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQM. Fifth Third Wealth Advisors LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth about $386,000. Brandywine Oak Private Wealth LLC raised its position in shares of Invesco NASDAQ 100 ETF by 0.7% in the 1st quarter. Brandywine Oak Private Wealth LLC now owns 8,540 shares of the company’s stock valued at $2,029,000 after acquiring an additional 62 shares during the period. Centennial Wealth Advisory LLC boosted its stake in Invesco NASDAQ 100 ETF by 90.4% during the 1st quarter. Centennial Wealth Advisory LLC now owns 24,383 shares of the company’s stock worth $5,794,000 after acquiring an additional 11,580 shares during the last quarter. Faithward Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 6.2% during the 1st quarter. Faithward Advisors LLC now owns 19,711 shares of the company’s stock worth $4,684,000 after acquiring an additional 1,144 shares during the last quarter. Finally, Hamilton Capital Partners LLC grew its holdings in Invesco NASDAQ 100 ETF by 146.6% during the first quarter. Hamilton Capital Partners LLC now owns 11,174 shares of the company’s stock valued at $2,655,000 after purchasing an additional 6,642 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $292.05 on Thursday. Invesco NASDAQ 100 ETF has a 52 week low of $222.07 and a 52 week high of $308.21. The company has a market capitalization of $87.67 billion, a PE ratio of 31.95 and a beta of 1.23. The company has a 50 day moving average price of $288.94 and a two-hundred day moving average price of $264.19.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be issued a $0.3522 dividend. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $1.41 annualized dividend and a dividend yield of 0.5%.

Invesco NASDAQ 100 ETF 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.