Texas Yale Capital Corp. Has $1.06 Million Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Texas Yale Capital Corp. lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 170.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,190 shares of the company’s stock after acquiring an additional 2,640 shares during the period. Texas Yale Capital Corp.’s holdings in Invesco NASDAQ 100 ETF were worth $1,060,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of QQQM. Bison Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $393,000. Capstone Wealth Management Group LLC raised its position in shares of Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares during the period. Goldman Sachs Group Inc. increased its stake in Invesco NASDAQ 100 ETF by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after purchasing an additional 819 shares in the last quarter. Empowered Funds LLC bought a new stake in Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $742,000. Finally, Valeo Financial Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $534,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $303.96 on Monday. The business has a 50 day simple moving average of $268.46 and a 200 day simple moving average of $258.14. Invesco NASDAQ 100 ETF has a 52-week low of $210.80 and a 52-week high of $305.33. The stock has a market cap of $91.24 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.3277 per share. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.