Invesco NASDAQ 100 ETF $QQQM Shares Sold by Hamilton Capital Partners LLC

Hamilton Capital Partners LLC reduced its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 74.5% during the second quarter, Holdings Channel reports. The firm owned 2,846 shares of the company’s stock after selling 8,328 shares during the period. Invesco NASDAQ 100 ETF makes up 0.3% of Hamilton Capital Partners LLC’s portfolio, making the stock its 17th largest holding. Hamilton Capital Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Invesco Ltd. lifted its position in shares of Invesco NASDAQ 100 ETF by 4.2% during the 4th quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after acquiring an additional 468,626 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock worth $926,749,000 after acquiring an additional 65,487 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 11.9% during the fourth quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock worth $742,825,000 after purchasing an additional 313,262 shares during the period. Finally, National Mutual Insurance Federation of Agricultural Cooperatives raised its position in shares of Invesco NASDAQ 100 ETF by 5.1% during the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock worth $666,191,000 after purchasing an additional 129,000 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.7%

Shares of NASDAQ QQQM opened at $297.98 on Thursday. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21. The company has a market cap of $102.28 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The business has a fifty day simple moving average of $293.45 and a 200-day simple moving average of $273.23.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a $0.3522 dividend. This represents a $1.41 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco NASDAQ 100 ETF

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.