Sanctuary Advisors LLC Sells 1,987 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sanctuary Advisors LLC trimmed its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 90,518 shares of the company’s stock after selling 1,987 shares during the period. Sanctuary Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $18,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Fulcrum Equity Management increased its stake in Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after acquiring an additional 56 shares during the period. Ridgecrest Wealth Partners LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after purchasing an additional 60 shares in the last quarter. Cutter & CO Brokerage Inc. lifted its position in Invesco NASDAQ 100 ETF by 2.1% in the second quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock worth $624,000 after purchasing an additional 64 shares during the period. Marble Harbor Investment Counsel LLC boosted its stake in Invesco NASDAQ 100 ETF by 1.2% during the second quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock worth $1,143,000 after buying an additional 66 shares in the last quarter. Finally, Northstar Group Inc. boosted its stake in Invesco NASDAQ 100 ETF by 5.4% during the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after buying an additional 69 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $216.73 on Friday. The firm has a market cap of $36.93 billion, a P/E ratio of 34.39 and a beta of 1.18. The firm’s 50-day simple moving average is $206.99 and its 200-day simple moving average is $198.91. Invesco NASDAQ 100 ETF has a twelve month low of $162.74 and a twelve month high of $218.40.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.30 per share. The ex-dividend date was Monday, September 23rd. This represents a $1.20 annualized dividend and a dividend yield of 0.55%.

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.