Invesco NASDAQ 100 ETF $QQQM is Tide Cove Capital Partners LLC’s 9th Largest Position

Tide Cove Capital Partners LLC trimmed its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,630 shares of the company’s stock after selling 8,284 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 3.8% of Tide Cove Capital Partners LLC’s investment portfolio, making the stock its 9th biggest position. Tide Cove Capital Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $7,041,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Garner Asset Management Corp acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $25,000. Imprint Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. SJS Investment Consulting Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter worth $40,000. Osbon Capital Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $41,000. Finally, Bank & Trust Co bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $46,000.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $293.42 on Monday. Invesco NASDAQ 100 ETF has a 12-month low of $226.25 and a 12-month high of $308.21. The stock has a market capitalization of $98.04 billion, a PE ratio of 31.95 and a beta of 1.22. The firm’s fifty day moving average price is $293.32 and its 200 day moving average price is $266.17.

Invesco NASDAQ 100 ETF Announces Dividend

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

Invesco NASDAQ 100 ETF 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.