Invesco NASDAQ 100 ETF $QQQM Shares Sold by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. lessened its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 34.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,238 shares of the company’s stock after selling 50,314 shares during the period. Invesco NASDAQ 100 ETF accounts for about 2.8% of Foguth Wealth Management LLC.’s holdings, making the stock its 7th biggest position. Foguth Wealth Management LLC.’s holdings in Invesco NASDAQ 100 ETF were worth $22,630,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQM. Migdal Insurance & Financial Holdings Ltd. grew its stake 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 valued at $783,561,000 after purchasing an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 1,615.9% during the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after purchasing an additional 899,154 shares during the last quarter. Meitav Investment House Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 25.3% during the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after purchasing an additional 520,102 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Invesco NASDAQ 100 ETF by 62.9% during the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after purchasing an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $283.41 on Friday. The firm’s fifty day moving average price is $294.59 and its 200 day moving average price is $270.86. Invesco NASDAQ 100 ETF has a 1-year low of $227.00 and a 1-year high of $308.21. The firm has a market cap of $97.11 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

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 issued a $0.3522 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 annualized dividend and a dividend yield of 0.5%.

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.