Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by West Michigan Advisors LLC

West Michigan Advisors LLC trimmed its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,267 shares of the company’s stock after selling 379 shares during the quarter. West Michigan Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $656,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. Cutter & CO Brokerage Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 2.1% during the second quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock valued at $624,000 after purchasing an additional 64 shares in the last quarter. Marble Harbor Investment Counsel LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 1.2% in the second quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after buying an additional 66 shares in the last quarter. Northstar Group Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 5.4% in the 3rd quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock valued at $271,000 after purchasing an additional 69 shares during the period. Zhang Financial LLC lifted its stake in Invesco NASDAQ 100 ETF by 2.8% during the third quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock valued at $517,000 after buying an additional 70 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after acquiring an additional 74 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.8 %

Shares of Invesco NASDAQ 100 ETF stock opened at $202.62 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $140.84 and a 12 month high of $207.24. The stock has a market cap of $34.67 billion, a PE ratio of 34.39 and a beta of 1.18. The business has a fifty day simple moving average of $197.60 and a 200-day simple moving average of $191.90.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Monday, September 23rd.

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.