One Capital Management LLC Sells 22,883 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Kyle Jackson on Sep 16th, 2024

One Capital Management LLC decreased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 45.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,789 shares of the company’s stock after selling 22,883 shares during the quarter. One Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,478,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. purchased a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at $27,000. M&R Capital Management Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at $28,000. Triad Wealth Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at $30,000. GAMMA Investing LLC bought a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter worth about $36,000. Finally, Rothschild Investment LLC purchased a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth about $36,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $195.63 on Monday. The company’s 50-day simple moving average is $193.47 and its two-hundred day simple moving average is $188.22. Invesco NASDAQ 100 ETF has a 52-week low of $140.84 and a 52-week high of $207.24. The stock has a market capitalization of $30.42 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.3199 per share. The ex-dividend date was Monday, June 24th. This represents a $1.28 dividend on an annualized basis and a yield of 0.65%.

Invesco NASDAQ 100 ETF Company Profile

(Free Report)

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.