Alchemi Wealth LLC Takes Position in Invesco NASDAQ 100 ETF $QQQM

Alchemi Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 13,228 shares of the company’s stock, valued at approximately $3,346,000. Invesco NASDAQ 100 ETF accounts for approximately 1.8% of Alchemi Wealth LLC’s holdings, making the stock its 14th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Garner Asset Management Corp acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $25,000. New Millennium Group LLC increased its holdings in Invesco NASDAQ 100 ETF by 671.4% in the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares during the last quarter. Imprint Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $31,000. Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $31,000. Finally, Bank & Trust Co acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $46,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $297.01 on Friday. Invesco NASDAQ 100 ETF has a fifty-two week low of $215.55 and a fifty-two week high of $308.21. The firm has a 50 day moving average price of $280.33 and a 200 day moving average price of $261.51. The company has a market capitalization of $89.16 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.