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, Holdings Channel.com reports. The fund owned 45,521 shares of the company’s stock after selling 3,138 shares during the period. Fisher Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $9,143,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Larson Financial Group LLC increased its holdings in Invesco NASDAQ 100 ETF by 15.6% during the 3rd quarter. Larson Financial Group LLC now owns 2,042 shares of the company’s stock valued at $410,000 after purchasing an additional 275 shares during the period. Lane & Associates LLC boosted its holdings in Invesco NASDAQ 100 ETF by 4.5% in the third quarter. Lane & Associates LLC now owns 3,378 shares of the company’s stock valued at $679,000 after acquiring an additional 146 shares in the last quarter. Kingsview Wealth Management LLC increased its position in Invesco NASDAQ 100 ETF by 15.2% during the 3rd quarter. Kingsview Wealth Management LLC now owns 30,993 shares of the company’s stock valued at $6,225,000 after purchasing an additional 4,089 shares during the period. Cerity Partners LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 5.1% in the 3rd quarter. Cerity Partners LLC now owns 339,246 shares of the company’s stock worth $68,137,000 after purchasing an additional 16,486 shares during the period. Finally, Great Valley Advisor Group Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at about $270,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $208.00 on Thursday. The company has a 50-day simple moving average of $203.79 and a two-hundred day simple moving average of $196.85. The firm has a market capitalization of $35.45 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $157.44 and a one year high of $212.19.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. 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.