Invesco NASDAQ 100 ETF $QQQM Stock Position Raised by Boyum Wealth Architects LLC

Boyum Wealth Architects LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,813 shares of the company’s stock after buying an additional 2,523 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 3.5% of Boyum Wealth Architects LLC’s investment portfolio, making the stock its 8th largest holding. Boyum Wealth Architects LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,638,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in QQQM. Pflug Koory LLC bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter valued at $32,000. PrairieView Partners LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 400.0% in the 2nd quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock valued at $37,000 after purchasing an additional 132 shares in the last quarter. ROSS JOHNSON & Associates LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $42,000. Rosenberg Matthew Hamilton bought a new position in shares of Invesco NASDAQ 100 ETF during the second quarter worth about $43,000. Finally, AlphaCore Capital LLC grew its stake in Invesco NASDAQ 100 ETF by 850.0% in the second quarter. AlphaCore Capital LLC now owns 190 shares of the company’s stock worth $43,000 after purchasing an additional 170 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.5%

Shares of Invesco NASDAQ 100 ETF stock opened at $251.36 on Tuesday. The business has a 50-day moving average price of $252.65 and a 200 day moving average price of $239.45. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23. The firm has a market cap of $65.83 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a dividend of $0.3025 per share. This represents a $1.21 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, September 22nd.

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.