Jackson Wealth Management LLC Sells 207 Shares of Invesco NASDAQ 100 ETF $QQQM

Jackson Wealth Management LLC decreased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.3% during the second quarter, HoldingsChannel reports. The fund owned 73,428 shares of the company’s stock after selling 207 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 1.8% of Jackson Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding. Jackson Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $16,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Ameritas Advisory Services LLC raised its holdings in Invesco NASDAQ 100 ETF by 5.2% during the 2nd quarter. Ameritas Advisory Services LLC now owns 28,733 shares of the company’s stock valued at $6,525,000 after acquiring an additional 1,424 shares during the period. Ashton Thomas Securities LLC raised its holdings in Invesco NASDAQ 100 ETF by 776.3% during the 2nd quarter. Ashton Thomas Securities LLC now owns 517 shares of the company’s stock valued at $117,000 after acquiring an additional 458 shares during the period. Pacific Financial Group Inc. bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth $734,000. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 5.9% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 13,407 shares of the company’s stock worth $3,045,000 after purchasing an additional 746 shares during the period. Finally, Vicus Capital increased its holdings in shares of Invesco NASDAQ 100 ETF by 17.2% in the second quarter. Vicus Capital now owns 3,523 shares of the company’s stock worth $800,000 after purchasing an additional 518 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $248.32 on Friday. The stock has a market cap of $63.69 billion, a P/E ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $249.99. The firm’s fifty day moving average price is $238.71 and its 200-day moving average price is $218.94.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a $0.3025 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 annualized dividend and a dividend yield of 0.5%.

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.