Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,608,597 shares of the company’s stock after selling 7,155 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $523,937,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Vance Wealth Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 1.2% during the third quarter. Vance Wealth Inc. now owns 32,061 shares of the company’s stock worth $6,439,000 after purchasing an additional 391 shares in the last quarter. Lowery Thomas LLC grew its holdings in Invesco NASDAQ 100 ETF by 6.7% during the 3rd quarter. Lowery Thomas LLC now owns 47,294 shares of the company’s stock worth $9,498,000 after acquiring an additional 2,959 shares in the last quarter. Prospera Financial Services Inc increased its position in shares of Invesco NASDAQ 100 ETF by 79.3% in the 3rd quarter. Prospera Financial Services Inc now owns 20,632 shares of the company’s stock worth $4,148,000 after purchasing an additional 9,123 shares during the last quarter. Pathstone Holdings LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 16.0% during the third quarter. Pathstone Holdings LLC now owns 11,200 shares of the company’s stock worth $2,250,000 after purchasing an additional 1,545 shares during the last quarter. Finally, Spectrum Wealth Advisory Group LLC acquired a new position in Invesco NASDAQ 100 ETF in the third quarter worth about $14,000,000.

Invesco NASDAQ 100 ETF Stock Up 0.7 %

Shares of Invesco NASDAQ 100 ETF stock opened at $205.80 on Tuesday. The business has a 50-day moving average price of $201.39 and a 200 day moving average price of $195.42. Invesco NASDAQ 100 ETF has a fifty-two week low of $157.44 and a fifty-two week high of $212.19. The firm has a market cap of $35.07 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.58%.

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.