Invesco NASDAQ 100 ETF $QQQM Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lessened its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 64,643 shares of the company’s stock after selling 2,705 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $14,681,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Westwind Capital acquired a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at $27,000. NorthRock Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $28,000. Crews Bank & Trust grew its holdings in shares of Invesco NASDAQ 100 ETF by 328.6% during the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock worth $29,000 after buying an additional 115 shares in the last quarter. Hughes Financial Services LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the first quarter valued at approximately $30,000. Finally, HHM Wealth Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 273.2% during the first quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock valued at $30,000 after buying an additional 112 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $242.67 on Monday. The firm has a market cap of $62.41 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 $252.42. The firm’s 50 day moving average price is $240.37 and its 200 day moving average price is $220.94.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a $0.3025 dividend. This represents a $1.21 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, September 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.