Intrua Financial LLC Trims Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Intrua Financial LLC lowered its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 26.3% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 10,044 shares of the company’s stock after selling 3,580 shares during the quarter. Intrua Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,387,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in QQQM. Bright Futures Wealth Management LLC. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $617,000. Nicholas Wealth LLC. acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth about $1,164,000. Bank of New York Mellon Corp grew its holdings in Invesco NASDAQ 100 ETF by 8.1% during the fourth quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock worth $211,423,000 after acquiring an additional 62,705 shares during the period. Blue Edge Capital LLC raised its position in Invesco NASDAQ 100 ETF by 29.9% during the third quarter. Blue Edge Capital LLC now owns 23,072 shares of the company’s stock valued at $5,702,000 after acquiring an additional 5,309 shares in the last quarter. Finally, EdgeRock Capital LLC raised its position in Invesco NASDAQ 100 ETF by 2.5% during the fourth quarter. EdgeRock Capital LLC now owns 154,578 shares of the company’s stock valued at $39,104,000 after acquiring an additional 3,809 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 2.4%

Shares of NASDAQ:QQQM opened at $298.05 on Tuesday. Invesco NASDAQ 100 ETF has a 12-month low of $224.19 and a 12-month high of $308.21. The business has a 50 day moving average of $290.91 and a two-hundred day moving average of $264.98. The company has a market capitalization of $89.47 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Dividend Announcement

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

About Invesco NASDAQ 100 ETF

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.