Greenwich Wealth Management LLC Sells 99 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Greenwich Wealth Management LLC trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,917 shares of the company’s stock after selling 99 shares during the quarter. Greenwich Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $772,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. purchased a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $27,000. M&R Capital Management Inc. bought a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at $28,000. Triad Wealth Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at $30,000. Creekmur Asset Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth $32,000. Finally, GAMMA Investing LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth about $36,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $195.63 on Monday. The firm has a market cap of $30.42 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $140.84 and a fifty-two week high of $207.24. The firm has a 50-day moving average of $193.47 and a 200 day moving average of $188.22.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a dividend of $0.3199 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date was Monday, June 24th.

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.