Invesco NASDAQ 100 ETF $QQQM Holdings Lowered by Hamilton Capital Partners LLC

Hamilton Capital Partners LLC reduced its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 74.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,846 shares of the company’s stock after selling 8,328 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 0.3% of Hamilton Capital Partners LLC’s holdings, making the stock its 17th biggest position. Hamilton Capital Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $862,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bison Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $393,000. Capstone Wealth Management Group LLC lifted its position in Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after purchasing an additional 3,220 shares during the period. Goldman Sachs Group Inc. lifted its position in Invesco NASDAQ 100 ETF by 1.6% in the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC bought a new position in Invesco NASDAQ 100 ETF during the 1st quarter valued at $742,000. Finally, Valeo Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter valued at $534,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $297.98 on Thursday. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $308.21. The stock has a market cap of $102.28 billion, a PE ratio of 31.95 and a beta of 1.23. The business’s fifty day moving average is $293.45 and its 200-day moving average is $273.23.

Invesco NASDAQ 100 ETF Announces Dividend

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