UBS Group AG Sells 87,720 Shares of Invesco NASDAQ 100 ETF $QQQM

UBS Group AG decreased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 10.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 758,258 shares of the company’s stock after selling 87,720 shares during the quarter. UBS Group AG’s holdings in Invesco NASDAQ 100 ETF were worth $191,779,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Jackson Hole Capital Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $25,000. Wolff Wiese Magana LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $26,000. New Millennium Group LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 671.4% during the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after buying an additional 94 shares during the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000. Finally, Imprint Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $272.39 on Thursday. The stock has a market cap of $81.71 billion, a price-to-earnings ratio of 31.95 and a beta of 1.19. The stock’s 50 day moving average price is $250.99 and its 200-day moving average price is $252.63. Invesco NASDAQ 100 ETF has a one year low of $190.43 and a one year high of $273.56.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.3277 dividend. This represents a $1.31 annualized dividend and a yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 23rd.

About Invesco NASDAQ 100 ETF

(Free Report)

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.

Recommended Stories

• Five stocks we like better than Invesco NASDAQ 100 ETF

Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report).