Invesco NASDAQ 100 ETF $QQQM Shares Sold by Jacobi Capital Management LLC

Jacobi Capital Management LLC lowered its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,382 shares of the company’s stock after selling 299 shares during the quarter. Jacobi Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Seneca House Advisors increased its stake in shares of Invesco NASDAQ 100 ETF by 5.2% in the first quarter. Seneca House Advisors now owns 1,188 shares of the company’s stock valued at $229,000 after purchasing an additional 59 shares during the period. Opulen Financial Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 1.3% in the first quarter. Opulen Financial Group LLC now owns 4,777 shares of the company’s stock valued at $922,000 after purchasing an additional 59 shares during the period. Compass Advisory Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 1.3% in the first quarter. Compass Advisory Group LLC now owns 4,800 shares of the company’s stock valued at $927,000 after purchasing an additional 60 shares during the period. Robertson Stephens Wealth Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 2.0% in the first quarter. Robertson Stephens Wealth Management LLC now owns 3,168 shares of the company’s stock valued at $611,000 after acquiring an additional 61 shares in the last quarter. Finally, Purus Wealth Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 0.4% in the first quarter. Purus Wealth Management LLC now owns 13,618 shares of the company’s stock valued at $2,629,000 after acquiring an additional 61 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $241.50 on Friday. The firm has a 50 day simple moving average of $233.92 and a 200-day simple moving average of $214.30. The stock has a market capitalization of $57.90 billion, a PE ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $242.01.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were issued a $0.3161 dividend. This represents a $1.26 annualized dividend and a dividend yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, June 23rd.

Invesco NASDAQ 100 ETF Company 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.