Invesco NASDAQ 100 ETF $QQQM Shares Sold by B&D White Capital Company LLC

B&D White Capital Company LLC lessened its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 66,498 shares of the company’s stock after selling 36,109 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 2.0% of B&D White Capital Company LLC’s investment portfolio, making the stock its 14th biggest position. B&D White Capital Company LLC’s holdings in Invesco NASDAQ 100 ETF were worth $15,801,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in QQQM. Bison Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $393,000. Capstone Wealth Management Group LLC raised its position in shares of Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after buying an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 1.6% in the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after buying an additional 819 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $742,000. Finally, Valeo Financial Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the second quarter worth approximately $534,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $290.42 on Thursday. The company has a 50 day moving average price of $296.35 and a two-hundred day moving average price of $269.74. The stock has a market capitalization of $98.04 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a one year low of $227.00 and a one year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.3522 dividend. This represents a $1.41 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, June 22nd.

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.