Atria Investments Inc Sells 11,823 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Atria Investments Inc lessened its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 54.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,830 shares of the company’s stock after selling 11,823 shares during the period. Atria Investments Inc’s holdings in Invesco NASDAQ 100 ETF were worth $1,974,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of QQQM. Envestnet Asset Management Inc. boosted its stake in Invesco NASDAQ 100 ETF by 1,650.6% during the second quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock worth $1,529,744,000 after buying an additional 7,317,531 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 10,544.5% during the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock valued at $7,917,000 after purchasing an additional 3,978,954 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake in shares of Invesco NASDAQ 100 ETF by 260.2% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after purchasing an additional 1,712,000 shares during the period. Cetera Investment Advisers boosted its stake in shares of Invesco NASDAQ 100 ETF by 536.4% during the first quarter. Cetera Investment Advisers now owns 1,043,700 shares of the company’s stock valued at $190,673,000 after purchasing an additional 879,707 shares during the period. Finally, Yelin Lapidot Holdings Management Ltd. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at $87,237,000.

Invesco NASDAQ 100 ETF Trading Down 0.7 %

Shares of QQQM opened at $209.34 on Friday. The firm has a market capitalization of $35.67 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $157.44 and a 12-month high of $212.19. The firm has a fifty day moving average price of $200.61 and a 200-day moving average price of $194.84.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend was Monday, September 23rd.

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.