Swmg LLC Lowers Holdings in Invesco NASDAQ 100 ETF $QQQM

Swmg LLC decreased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 57.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,344 shares of the company’s stock after selling 3,123 shares during the quarter. Swmg LLC’s holdings in Invesco NASDAQ 100 ETF were worth $588,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Avaii Wealth Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 2.8% in the fourth quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after acquiring an additional 40 shares in the last quarter. Archer Investment Corp lifted its position in shares of Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after acquiring an additional 44 shares in the last quarter. Foresight Capital Management Advisors Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 4.6% in the fourth quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock valued at $270,000 after acquiring an additional 47 shares in the last quarter. Investor s Fiduciary Advisor Network LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 3.4% in the third quarter. Investor s Fiduciary Advisor Network LLC now owns 1,508 shares of the company’s stock valued at $372,000 after acquiring an additional 50 shares in the last quarter. Finally, ROSS JOHNSON & Associates LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 23.1% in the third quarter. ROSS JOHNSON & Associates LLC now owns 266 shares of the company’s stock valued at $66,000 after acquiring an additional 50 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $300.38 on Thursday. Invesco NASDAQ 100 ETF has a one year low of $210.80 and a one year high of $301.82. The stock has a market cap of $90.17 billion, a PE ratio of 31.95 and a beta of 1.21. The stock has a 50 day moving average price of $266.19 and a 200 day moving average price of $257.44.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.