B&D White Capital Company LLC Sells 14,333 Shares of Invesco NASDAQ 100 ETF $QQQM

B&D White Capital Company LLC reduced its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 102,607 shares of the company’s stock after selling 14,333 shares during the period. Invesco NASDAQ 100 ETF makes up about 3.0% of B&D White Capital Company LLC’s portfolio, making the stock its 10th biggest position. B&D White Capital Company LLC’s holdings in Invesco NASDAQ 100 ETF were worth $25,951,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bright Futures Wealth Management LLC. acquired a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth approximately $617,000. Bank of New York Mellon Corp boosted its holdings in shares of Invesco NASDAQ 100 ETF by 8.1% during the 4th quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock worth $211,423,000 after buying an additional 62,705 shares in the last quarter. Blue Edge Capital LLC grew its position in shares of Invesco NASDAQ 100 ETF by 29.9% during the 3rd quarter. Blue Edge Capital LLC now owns 23,072 shares of the company’s stock worth $5,702,000 after buying an additional 5,309 shares during the period. EdgeRock Capital LLC grew its position in shares of Invesco NASDAQ 100 ETF by 2.5% during the 4th quarter. EdgeRock Capital LLC now owns 154,578 shares of the company’s stock worth $39,104,000 after buying an additional 3,809 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 34.7% in the 4th quarter. Farther Finance Advisors LLC now owns 85,731 shares of the company’s stock valued at $21,683,000 after acquiring an additional 22,077 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.7%

NASDAQ:QQQM opened at $297.01 on Friday. The company has a fifty day moving average of $280.33 and a 200-day moving average of $261.51. The firm has a market capitalization of $89.16 billion, a P/E ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a twelve month low of $215.55 and a twelve month high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.3277 dividend. The ex-dividend date was Monday, March 23rd. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.