Central Pacific Bank Trust Division Sells 243 Shares of Invesco NASDAQ 100 ETF $QQQM

Central Pacific Bank Trust Division reduced its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,106 shares of the company’s stock after selling 243 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 0.9% of Central Pacific Bank Trust Division’s holdings, making the stock its 12th largest holding. Central Pacific Bank Trust Division’s holdings in Invesco NASDAQ 100 ETF were worth $7,064,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Union Bancaire Privee UBP SA bought a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at approximately $25,000. Westwind Capital bought a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at approximately $27,000. NorthRock Partners LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at approximately $28,000. Crews Bank & Trust grew its stake in shares of Invesco NASDAQ 100 ETF by 328.6% in the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares during the period. Finally, HHM Wealth Advisors LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 273.2% in the 1st quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock valued at $30,000 after purchasing an additional 112 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.4%

QQQM stock opened at $241.50 on Friday. The firm has a market cap of $57.90 billion, a P/E ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $242.01. The business’s 50 day moving average is $233.92 and its 200-day moving average is $214.29.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were issued a $0.3161 dividend. This represents a $1.26 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 23rd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.