Helios Capital Management PTE. Ltd. Has $9.51 Million Stake in Invesco NASDAQ 100 ETF $QQQM

Helios Capital Management PTE. Ltd. trimmed its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 22.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,000 shares of the company’s stock after selling 11,300 shares during the period. Invesco NASDAQ 100 ETF makes up 10.0% of Helios Capital Management PTE. Ltd.’s investment portfolio, making the stock its 3rd largest holding. Helios Capital Management PTE. Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $9,505,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQM. Bison Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $393,000. Capstone Wealth Management Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after acquiring an additional 3,220 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 1.6% in the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after acquiring an additional 819 shares during the period. Empowered Funds LLC purchased a new stake in Invesco NASDAQ 100 ETF during the first quarter valued at $742,000. Finally, Valeo Financial Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF during the second quarter valued at $534,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $296.31 on Wednesday. Invesco NASDAQ 100 ETF has a fifty-two week low of $227.00 and a fifty-two week high of $308.21. The business’s 50-day moving average is $296.41 and its two-hundred day moving average is $268.26. The company has a market cap of $99.78 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

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.