Invesco NASDAQ 100 ETF $QQQM Position Raised by NWF Advisory Services Inc.

NWF Advisory Services Inc. grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 45.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,646 shares of the company’s stock after acquiring an additional 4,545 shares during the quarter. NWF Advisory Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $3,619,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. CFS Investment Advisory Services LLC lifted its position in Invesco NASDAQ 100 ETF by 14.6% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 11,520 shares of the company’s stock valued at $2,926,000 after purchasing an additional 1,470 shares during the last quarter. National Wealth Management Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 4.3% in the third quarter. National Wealth Management Group LLC now owns 26,356 shares of the company’s stock valued at $6,513,000 after purchasing an additional 1,081 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 14.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 3,269 shares of the company’s stock valued at $808,000 after buying an additional 421 shares during the last quarter. Cabot Wealth Management Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 6.1% during the third quarter. Cabot Wealth Management Inc. now owns 16,772 shares of the company’s stock worth $4,145,000 after buying an additional 957 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in Invesco NASDAQ 100 ETF by 24.7% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 4,151 shares of the company’s stock worth $1,026,000 after buying an additional 823 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $257.54 on Tuesday. The stock’s 50 day moving average price is $254.00 and its 200 day moving average price is $246.51. The stock has a market cap of $72.69 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.