Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 22.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,691 shares of the company’s stock after selling 1,067 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Invesco NASDAQ 100 ETF were worth $712,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA purchased a new position in shares of Invesco NASDAQ 100 ETF in the first quarter valued at approximately $25,000. Nemes Rush Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $32,000. Tucker Asset Management LLC boosted its position in Invesco NASDAQ 100 ETF by 122.0% in the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock valued at $43,000 after buying an additional 111 shares during the period. ST Germain D J Co. Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the first quarter worth $46,000. Finally, Blue Trust Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth $49,000.

Invesco NASDAQ 100 ETF Trading Down 0.0%

Shares of NASDAQ QQQM opened at $217.80 on Thursday. The stock has a market cap of $46.46 billion, a P/E ratio of 32.67 and a beta of 1.18. The business’s fifty day simple moving average is $204.82 and its 200-day simple moving average is $207.20. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.3176 dividend. The ex-dividend date was Monday, March 24th. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.