International Assets Investment Management LLC Lowers Position in Invesco NASDAQ 100 ETF $QQQM

International Assets Investment Management LLC decreased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 25.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,423 shares of the company’s stock after selling 4,309 shares during the period. International Assets Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,989,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Diversify Wealth Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 765.0% during the 1st quarter. Diversify Wealth Management LLC now owns 12,076 shares of the company’s stock worth $2,869,000 after buying an additional 10,680 shares during the last quarter. Fifth Third Bancorp raised its position in shares of Invesco NASDAQ 100 ETF by 5,425.9% in the 1st quarter. Fifth Third Bancorp now owns 10,444 shares of the company’s stock worth $2,482,000 after buying an additional 10,255 shares during the period. Triton Wealth Management PLLC boosted its holdings in Invesco NASDAQ 100 ETF by 1.7% in the first quarter. Triton Wealth Management PLLC now owns 8,396 shares of the company’s stock valued at $2,029,000 after acquiring an additional 142 shares during the last quarter. Simplicity Wealth LLC boosted its holdings in Invesco NASDAQ 100 ETF by 22.3% in the first quarter. Simplicity Wealth LLC now owns 2,821 shares of the company’s stock valued at $670,000 after acquiring an additional 514 shares during the last quarter. Finally, Petix & Botte Co grew its position in Invesco NASDAQ 100 ETF by 14.4% during the first quarter. Petix & Botte Co now owns 54,353 shares of the company’s stock valued at $12,916,000 after acquiring an additional 6,841 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.3%

NASDAQ:QQQM traded up $0.94 on Friday, hitting $298.72. 2,619,746 shares of the stock were exchanged, compared to its average volume of 4,542,785. The stock has a fifty day moving average of $295.73 and a 200-day moving average of $267.63. The stock has a market cap of $100.14 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a fifty-two week low of $227.00 and a fifty-two week high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.