Aspire Growth Partners LLC Acquires 2,747 Shares of Invesco NASDAQ 100 ETF $QQQM

Aspire Growth Partners 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 24,952 shares of the company’s stock after purchasing an additional 2,747 shares during the period. Invesco NASDAQ 100 ETF makes up about 4.5% of Aspire Growth Partners LLC’s portfolio, making the stock its 5th biggest holding. Aspire Growth Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,166,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQM. Invesco Ltd. increased its position in Invesco NASDAQ 100 ETF by 18.8% during the 2nd quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after buying an additional 1,715,025 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 2.0% during the second quarter. Envestnet Asset Management Inc. now owns 7,601,275 shares of the company’s stock worth $1,726,216,000 after acquiring an additional 152,512 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Invesco NASDAQ 100 ETF by 73.1% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock valued at $876,757,000 after acquiring an additional 1,630,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco NASDAQ 100 ETF by 14.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,366,746 shares of the company’s stock valued at $764,588,000 after purchasing an additional 433,686 shares during the last quarter. Finally, Vantagepoint Investment Advisers LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $538,021,000.

Invesco NASDAQ 100 ETF Stock Up 0.4%

QQQM stock opened at $257.54 on Tuesday. The stock has a market capitalization of $72.78 billion, a PE 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. The firm has a 50 day moving average of $254.00 and a 200 day moving average of $246.51.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.