Invesco NASDAQ 100 ETF $QQQM Shares Sold by Twin Tree Management LP

Twin Tree Management LP reduced its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 75.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,616 shares of the company’s stock after selling 30,096 shares during the period. Twin Tree Management LP’s holdings in Invesco NASDAQ 100 ETF were worth $2,432,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in QQQM. Migdal Insurance & Financial Holdings Ltd. increased its stake in Invesco NASDAQ 100 ETF by 3,234.6% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after buying an additional 3,005,140 shares during the period. Principia Wealth Advisory LLC increased its stake in Invesco NASDAQ 100 ETF by 1,615.9% during the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after buying an additional 899,154 shares during the period. Bouchey Financial Group Ltd increased its stake in Invesco NASDAQ 100 ETF by 68,507.2% during the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after buying an additional 587,107 shares during the period. Ameriprise Financial Inc. increased its stake in Invesco NASDAQ 100 ETF by 22.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,309,059 shares of the company’s stock worth $570,665,000 after buying an additional 422,032 shares during the period. Finally, Asset Allocation Strategies LLC increased its stake in Invesco NASDAQ 100 ETF by 728.3% during the 2nd quarter. Asset Allocation Strategies LLC now owns 435,112 shares of the company’s stock worth $98,814,000 after buying an additional 382,579 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 1.5%

Shares of NASDAQ:QQQM opened at $294.81 on Tuesday. Invesco NASDAQ 100 ETF has a 52 week low of $215.55 and a 52 week high of $308.21. The company’s 50 day moving average is $275.73 and its two-hundred day moving average is $260.26. The company has a market cap of $88.50 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.