Invesco NASDAQ 100 ETF $QQQM Position Raised by Investment Advisory Services Group LLC

Investment Advisory Services Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,911 shares of the company’s stock after purchasing an additional 2,015 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 4.5% of Investment Advisory Services Group LLC’s portfolio, making the stock its 7th biggest holding. Investment Advisory Services Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,207,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Bison Wealth LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $393,000. Capstone Wealth Management Group LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 9.6% in the first 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. boosted its holdings in Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC bought a new stake in Invesco NASDAQ 100 ETF during the first quarter valued at $742,000. Finally, Valeo Financial Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter worth about $534,000.

Invesco NASDAQ 100 ETF Trading Down 2.1%

Shares of NASDAQ:QQQM traded down $6.29 during trading on Tuesday, reaching $291.23. The company had a trading volume of 1,340,144 shares, compared to its average volume of 4,578,905. The company has a fifty day moving average of $293.90 and a two-hundred day moving average of $266.49. The stock has a market capitalization of $97.31 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 12 month low of $226.88 and a 12 month high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 annualized dividend and a yield of 0.5%.

About Invesco NASDAQ 100 ETF

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.