Fisher Asset Management LLC Sells 3,138 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Fisher Asset Management LLC lessened its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,521 shares of the company’s stock after selling 3,138 shares during the quarter. Fisher Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $9,143,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 1,650.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock valued at $1,529,744,000 after purchasing an additional 7,317,531 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in Invesco NASDAQ 100 ETF by 13.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after acquiring an additional 754,700 shares during the last quarter. Strategic Financial Concepts LLC raised 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 worth $7,917,000 after acquiring an additional 3,978,954 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its holdings 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 worth $476,014,000 after acquiring an additional 1,712,000 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco NASDAQ 100 ETF by 19.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock valued at $337,951,000 after purchasing an additional 283,257 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.8 %

Shares of NASDAQ:QQQM opened at $208.00 on Thursday. The company’s fifty day moving average is $203.79 and its 200 day moving average is $196.85. Invesco NASDAQ 100 ETF has a 52 week low of $157.44 and a 52 week high of $212.19. The stock has a market cap of $35.45 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.58%. 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.