Private Trust Co. NA Sells 100 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Private Trust Co. NA decreased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,634 shares of the company’s stock after selling 100 shares during the quarter. Private Trust Co. NA’s holdings in Invesco NASDAQ 100 ETF were worth $1,132,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 1,650.6% in the second quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock valued at $1,529,744,000 after buying an additional 7,317,531 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its holdings in Invesco NASDAQ 100 ETF by 13.9% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock worth $1,240,851,000 after purchasing an additional 754,700 shares during the last quarter. Strategic Financial Concepts LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 10,544.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock worth $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% in the 3rd 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 last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco NASDAQ 100 ETF by 19.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock worth $337,951,000 after buying an additional 283,257 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.2 %

Shares of NASDAQ QQQM opened at $208.51 on Tuesday. The company has a market capitalization of $35.53 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $157.44 and a twelve month high of $212.19. The firm has a fifty day simple moving average of $203.21 and a 200 day simple moving average of $196.58.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.30 per share. The ex-dividend date was Monday, September 23rd. This represents a $1.20 annualized dividend and a yield of 0.58%.

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.