Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Virtue Capital Management LLC

Virtue Capital Management LLC lessened its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,313 shares of the company’s stock after selling 197 shares during the period. Virtue Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,670,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Ridgecrest Wealth Partners LLC lifted its stake in Invesco NASDAQ 100 ETF by 4.4% during the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after purchasing an additional 60 shares during the last quarter. Cutter & CO Brokerage Inc. raised its holdings in 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 worth $624,000 after purchasing an additional 64 shares in the last quarter. Marble Harbor Investment Counsel LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 1.2% during the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock worth $1,143,000 after buying an additional 66 shares during the last quarter. Northstar Group Inc. boosted its holdings 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 buying an additional 69 shares in the last quarter. Finally, Zhang Financial LLC grew its position in shares of Invesco NASDAQ 100 ETF by 2.8% in the 3rd quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock valued at $517,000 after buying an additional 70 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $214.28 on Wednesday. Invesco NASDAQ 100 ETF has a 12 month low of $161.13 and a 12 month high of $216.80. The firm has a market capitalization of $36.52 billion, a P/E ratio of 34.39 and a beta of 1.18. The company’s fifty day moving average price is $206.23 and its 200 day moving average price is $198.64.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend was Monday, September 23rd.

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.