Invesco NASDAQ 100 ETF $QQQM Holdings Boosted by Woodard & Co. Asset Management Group Inc. ADV

Woodard & Co. Asset Management Group Inc. ADV grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 68.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,794 shares of the company’s stock after purchasing an additional 19,056 shares during the quarter. Invesco NASDAQ 100 ETF makes up 1.9% of Woodard & Co. Asset Management Group Inc. ADV’s portfolio, making the stock its 13th largest holding. Woodard & Co. Asset Management Group Inc. ADV’s holdings in Invesco NASDAQ 100 ETF were worth $11,564,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in QQQM. Invesco Ltd. boosted its position in Invesco NASDAQ 100 ETF by 18.8% during the 2nd quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after purchasing an additional 1,715,025 shares during the period. Envestnet Asset Management Inc. lifted its stake in Invesco NASDAQ 100 ETF by 2.0% in the second quarter. Envestnet Asset Management Inc. now owns 7,601,275 shares of the company’s stock valued at $1,726,216,000 after buying an additional 152,512 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in Invesco NASDAQ 100 ETF by 73.1% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock valued at $876,757,000 after buying an additional 1,630,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 14.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,366,746 shares of the company’s stock valued at $764,588,000 after acquiring an additional 433,686 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 18.1% during the second quarter. Ameriprise Financial Inc. now owns 1,887,027 shares of the company’s stock worth $428,543,000 after acquiring an additional 289,510 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.3%

QQQM stock opened at $253.70 on Thursday. The stock has a market cap of $71.25 billion, a PE ratio of 31.95 and a beta of 1.16. The firm’s 50-day simple moving average is $253.60 and its 200 day simple moving average is $245.79. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.323 dividend. The ex-dividend date was Monday, December 22nd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend and a dividend yield of 0.5%.

Invesco NASDAQ 100 ETF 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.