Invesco NASDAQ 100 ETF $QQQM Shares Bought by Keystone Wealth Services LLC

Keystone Wealth Services LLC boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 23.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 11,942 shares of the company’s stock after acquiring an additional 2,270 shares during the quarter. Keystone Wealth Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,951,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of QQQM. Bison Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $393,000. Capstone Wealth Management Group LLC lifted its holdings in 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 purchasing an additional 3,220 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 40.4% in the 1st quarter. Baird Financial Group Inc. now owns 9,230 shares of the company’s stock valued at $1,782,000 after purchasing an additional 2,654 shares in the last quarter. AQR Capital Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 35.6% during the 1st quarter. AQR Capital Management LLC now owns 38,723 shares of the company’s stock worth $7,474,000 after purchasing an additional 10,157 shares during the last quarter. Finally, Scientech Research LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 261.6% during the first quarter. Scientech Research LLC now owns 4,523 shares of the company’s stock worth $873,000 after buying an additional 3,272 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.8%

Shares of NASDAQ QQQM opened at $254.43 on Tuesday. The firm has a 50-day simple moving average of $253.85 and a 200-day simple moving average of $243.28. The stock has a market capitalization of $70.50 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.323 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.29 annualized dividend and a yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.