Richard W. Paul & Associates LLC Sells 450 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Richard W. Paul & Associates LLC trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 5.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,448 shares of the company’s stock after selling 450 shares during the quarter. Richard W. Paul & Associates LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Denver Wealth Management Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Denver Wealth Management Inc. now owns 128,491 shares of the company’s stock valued at $21,656,000 after buying an additional 2,219 shares during the period. Colonial River Wealth Management LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 94.5% in the 4th quarter. Colonial River Wealth Management LLC now owns 21,995 shares of the company’s stock worth $3,707,000 after purchasing an additional 10,684 shares in the last quarter. Sightline Wealth Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 4.0% in the 4th quarter. Sightline Wealth Advisors LLC now owns 7,269 shares of the company’s stock worth $1,225,000 after purchasing an additional 280 shares in the last quarter. CPR Investments Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $713,000. Finally, Durante & Waters LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $219,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM traded up $0.90 during midday trading on Wednesday, hitting $182.40. The company had a trading volume of 1,070,307 shares, compared to its average volume of 1,839,101. The company has a market cap of $22.08 billion, a price-to-earnings ratio of 21.58 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $127.47 and a 12-month high of $184.88. The company has a fifty day moving average of $179.35 and a two-hundred day moving average of $165.34.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.3454 dividend. The ex-dividend date was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.76%.

About Invesco NASDAQ 100 ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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