Invesco NASDAQ 100 ETF $QQQM Stake Lessened by Fisher Asset Management LLC

Fisher Asset Management LLC decreased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,890 shares of the company’s stock after selling 3,772 shares during the quarter. Fisher Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,565,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of QQQM. Smith Moore & CO. grew its stake in Invesco NASDAQ 100 ETF by 12.7% during the 2nd quarter. Smith Moore & CO. now owns 18,305 shares of the company’s stock valued at $4,157,000 after acquiring an additional 2,066 shares in the last quarter. Sepio Capital LP boosted its holdings in shares of Invesco NASDAQ 100 ETF by 20.2% during the second quarter. Sepio Capital LP now owns 43,678 shares of the company’s stock worth $9,919,000 after purchasing an additional 7,328 shares during the period. Bernardo Wealth Planning LLC purchased a new position in Invesco NASDAQ 100 ETF during the second quarter valued at approximately $9,026,000. Lido Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 1,614.4% during the second quarter. Lido Advisors LLC now owns 51,998 shares of the company’s stock valued at $11,809,000 after purchasing an additional 48,965 shares in the last quarter. Finally, Aspire Growth Partners LLC increased its stake in Invesco NASDAQ 100 ETF by 7.8% in the 2nd quarter. Aspire Growth Partners LLC now owns 22,205 shares of the company’s stock valued at $5,043,000 after buying an additional 1,602 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.4%

Shares of NASDAQ:QQQM opened at $257.53 on Friday. The firm has a fifty day moving average of $251.76 and a two-hundred day moving average of $237.27. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The firm has a market capitalization of $67.45 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a dividend of $0.3025 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 dividend on an annualized basis 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.