Walker Financial Services Inc. Acquires 15,134 Shares of Invesco NASDAQ 100 ETF $QQQM

Walker Financial Services Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,435 shares of the company’s stock after buying an additional 15,134 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 4.3% of Walker Financial Services Inc.’s investment portfolio, making the stock its 9th largest position. Walker Financial Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $11,997,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in QQQM. Bison Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $393,000. Capstone Wealth Management Group LLC lifted its holdings in Invesco NASDAQ 100 ETF by 9.6% during the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after buying an additional 3,220 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings 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 buying an additional 819 shares in the last quarter. Empowered Funds LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $742,000. Finally, Valeo Financial Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $534,000.

Invesco NASDAQ 100 ETF Stock Down 0.4%

Invesco NASDAQ 100 ETF stock opened at $265.31 on Wednesday. The firm has a market cap of $78.11 billion, a PE ratio of 31.95 and a beta of 1.19. Invesco NASDAQ 100 ETF has a 52-week low of $180.18 and a 52-week high of $267.62. The company’s 50 day moving average is $248.28 and its two-hundred day moving average is $251.71.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date 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.