Invesco NASDAQ 100 ETF $QQQM Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. cut its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 47.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,953 shares of the company’s stock after selling 19,907 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $5,216,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Invesco Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF by 4.2% in the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after buying an additional 468,626 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock worth $926,749,000 after acquiring an additional 65,487 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings 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 acquiring an additional 3,005,140 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 11.9% in the 4th quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock worth $742,825,000 after purchasing an additional 313,262 shares during the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its position in shares of Invesco NASDAQ 100 ETF by 5.1% in the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock worth $666,191,000 after purchasing an additional 129,000 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $290.68 on Friday. The firm has a market cap of $97.89 billion, a PE ratio of 31.95 and a beta of 1.22. The firm’s 50-day simple moving average is $296.69 and its 200-day simple moving average is $268.77. Invesco NASDAQ 100 ETF has a 1 year low of $227.00 and a 1 year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.3522 dividend. This represents a $1.41 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend 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.