Invesco NASDAQ 100 ETF $QQQM Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 53.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,431 shares of the company’s stock after selling 18,724 shares during the period. Invesco NASDAQ 100 ETF makes up about 1.0% of Atlas Private Wealth Advisors’ holdings, making the stock its 27th largest position. Atlas Private Wealth Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $4,060,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Jackson Hole Capital Partners LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $25,000. Wolff Wiese Magana LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $26,000. Trust Co. of Toledo NA OH acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $28,000. Pflug Koory LLC purchased a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at approximately $32,000. Finally, PrairieView Partners LLC raised its holdings in Invesco NASDAQ 100 ETF by 400.0% during the second quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock worth $37,000 after purchasing an additional 132 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $256.05 on Friday. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23. The firm has a market capitalization of $72.68 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The stock’s fifty day moving average is $255.19 and its two-hundred day moving average is $247.11.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.323 dividend. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.