Invesco NASDAQ 100 ETF $QQQM Shares Sold by Vicus Capital

Vicus Capital lowered its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 94.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,886 shares of the company’s stock after selling 52,490 shares during the period. Vicus Capital’s holdings in Invesco NASDAQ 100 ETF were worth $686,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 83.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 24,018 shares of the company’s stock valued at $5,707,000 after purchasing an additional 10,913 shares during the period. Financial Futures Ltd Liability Co. increased its stake in Invesco NASDAQ 100 ETF by 12.9% during the 1st quarter. Financial Futures Ltd Liability Co. now owns 28,698 shares of the company’s stock worth $6,819,000 after buying an additional 3,271 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Invesco NASDAQ 100 ETF by 18.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 130,761 shares of the company’s stock worth $31,072,000 after buying an additional 20,761 shares in the last quarter. BKM Wealth Management LLC lifted its holdings in Invesco NASDAQ 100 ETF by 17.2% in the 1st quarter. BKM Wealth Management LLC now owns 16,024 shares of the company’s stock worth $3,808,000 after buying an additional 2,348 shares in the last quarter. Finally, Goodman Advisory Group LLC lifted its holdings in Invesco NASDAQ 100 ETF by 2.0% in the 1st quarter. Goodman Advisory Group LLC now owns 4,245 shares of the company’s stock worth $1,009,000 after buying an additional 82 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $298.05 on Tuesday. The firm has a 50-day moving average of $290.91 and a two-hundred day moving average of $264.98. The stock has a market cap of $89.47 billion, a P/E ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1-year low of $224.19 and a 1-year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The firm 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. The ex-dividend date was Monday, June 22nd. This represents a $1.41 annualized dividend and a dividend yield of 0.5%.

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.