Sepio Capital LP Buys 2,493 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sepio Capital LP boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 83.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,471 shares of the company’s stock after purchasing an additional 2,493 shares during the quarter. Sepio Capital LP’s holdings in Invesco NASDAQ 100 ETF were worth $1,078,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. bought a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $27,000. M&R Capital Management Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at approximately $28,000. Triad Wealth Partners LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $30,000. GAMMA Investing LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $36,000. Finally, Rothschild Investment LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $36,000.

Invesco NASDAQ 100 ETF Trading Down 0.6 %

QQQM opened at $200.32 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $140.84 and a 1-year high of $207.24. The stock has a market capitalization of $31.15 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business has a 50 day moving average of $192.66 and a 200-day moving average of $189.29.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.30 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.20 annualized dividend and a dividend yield of 0.60%.

About Invesco NASDAQ 100 ETF

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.