Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Foresight Capital Management Advisors Inc.

Foresight Capital Management Advisors Inc. lessened its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,453 shares of the company’s stock after selling 72 shares during the quarter. Foresight Capital Management Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $878,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Csenge Advisory Group raised its stake in shares of Invesco NASDAQ 100 ETF by 58.9% during the 2nd quarter. Csenge Advisory Group now owns 3,998 shares of the company’s stock worth $788,000 after buying an additional 1,482 shares during the last quarter. Simplicity Wealth LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 3.3% during the 2nd quarter. Simplicity Wealth LLC now owns 4,125 shares of the company’s stock worth $813,000 after buying an additional 130 shares during the last quarter. Westwind Capital acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth $178,000. CWM LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 5.9% during the 2nd quarter. CWM LLC now owns 11,446 shares of the company’s stock worth $2,256,000 after buying an additional 642 shares during the last quarter. Finally, Fiduciary Alliance LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 60.2% during the 2nd quarter. Fiduciary Alliance LLC now owns 2,586 shares of the company’s stock worth $518,000 after buying an additional 972 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock traded up $5.43 during midday trading on Thursday, reaching $184.37. 2,817,756 shares of the company were exchanged, compared to its average volume of 1,820,477. The company has a market capitalization of $28.67 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The firm’s 50-day simple moving average is $195.02 and its 200-day simple moving average is $185.18. Invesco NASDAQ 100 ETF has a 1 year low of $140.84 and a 1 year high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.3199 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Monday, June 24th.

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.