Janus Henderson Group PLC Sells 83,092 Shares of Invesco NASDAQ 100 ETF $QQQM

Janus Henderson Group PLC lowered its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 26.8% in the 1st quarter, HoldingsChannel reports. The fund owned 226,706 shares of the company’s stock after selling 83,092 shares during the period. Janus Henderson Group PLC’s holdings in Invesco NASDAQ 100 ETF were worth $53,870,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of QQQM. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of Invesco NASDAQ 100 ETF by 3,234.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after buying an additional 3,005,140 shares during the period. Principia Wealth Advisory LLC lifted its stake in Invesco NASDAQ 100 ETF by 1,615.9% during the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after purchasing an additional 899,154 shares during the last quarter. Meitav Investment House Ltd. boosted its stake in Invesco NASDAQ 100 ETF by 25.3% in the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after buying an additional 520,102 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Invesco NASDAQ 100 ETF by 62.9% in the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after purchasing an additional 497,004 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after buying an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $283.41 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $227.00 and a 1 year high of $308.21. The firm has a market cap of $97.11 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. The stock’s 50 day simple moving average is $294.59 and its 200 day simple moving average is $270.86.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3522 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.41 annualized dividend 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.