jvl associates llc Trims Holdings in Invesco NASDAQ 100 ETF $QQQM

jvl associates llc trimmed its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 38.1% during the first quarter, HoldingsChannel.com reports. The firm owned 11,403 shares of the company’s stock after selling 7,027 shares during the quarter. Invesco NASDAQ 100 ETF makes up 0.9% of jvl associates llc’s portfolio, making the stock its 19th largest position. jvl associates llc’s holdings in Invesco NASDAQ 100 ETF were worth $2,710,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in QQQM. Bright Futures Wealth Management LLC. purchased a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $617,000. Bank of New York Mellon Corp grew its position 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 valued at $211,423,000 after purchasing an additional 62,705 shares in the last quarter. Nicholas Wealth LLC. purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $1,164,000. Blue Edge Capital LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 29.9% in the third quarter. Blue Edge Capital LLC now owns 23,072 shares of the company’s stock worth $5,702,000 after purchasing an additional 5,309 shares during the period. Finally, EdgeRock Capital LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 2.5% in the fourth quarter. EdgeRock Capital LLC now owns 154,578 shares of the company’s stock worth $39,104,000 after purchasing an additional 3,809 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $304.52 on Monday. The company has a market capitalization of $91.41 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 52-week low of $215.55 and a 52-week high of $308.21. The business’s fifty day moving average is $286.28 and its 200 day moving average is $263.34.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be issued a $0.3522 dividend. The ex-dividend date of this dividend is Monday, June 22nd.

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.