First Financial Corp IN Has $955,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

First Financial Corp IN lessened its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 5,230 shares of the company’s stock after selling 326 shares during the period. First Financial Corp IN’s holdings in Invesco NASDAQ 100 ETF were worth $955,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in QQQM. IMC Chicago LLC raised its position in shares of Invesco NASDAQ 100 ETF by 108.4% during the first quarter. IMC Chicago LLC now owns 14,245 shares of the company’s stock valued at $2,602,000 after buying an additional 183,508 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 73.8% in the first quarter. Dynamic Advisor Solutions LLC now owns 9,633 shares of the company’s stock valued at $1,760,000 after purchasing an additional 4,089 shares in the last quarter. Strategic Planning Group LLC boosted its stake in Invesco NASDAQ 100 ETF by 23.8% during the first quarter. Strategic Planning Group LLC now owns 70,030 shares of the company’s stock worth $12,794,000 after buying an additional 13,463 shares in the last quarter. Worth Asset Management LLC increased its holdings in Invesco NASDAQ 100 ETF by 30.9% in the 1st quarter. Worth Asset Management LLC now owns 12,348 shares of the company’s stock valued at $2,256,000 after buying an additional 2,918 shares during the period. Finally, Global Assets Advisory LLC bought a new stake in Invesco NASDAQ 100 ETF in the 1st quarter valued at $9,534,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM traded up $0.21 during midday trading on Wednesday, reaching $197.48. 404,331 shares of the company’s stock were exchanged, compared to its average volume of 1,727,722. The company’s 50 day simple moving average is $185.72 and its two-hundred day simple moving average is $179.05. Invesco NASDAQ 100 ETF has a 12 month low of $140.84 and a 12 month high of $200.32. The firm has a market capitalization of $25.61 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 24th will be paid a dividend of $0.3199 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend is 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.