Invesco NASDAQ 100 ETF $QQQM is Adamsbrown Wealth Consultants LLC’s 3rd Largest Position

Adamsbrown Wealth Consultants LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 132,202 shares of the company’s stock after purchasing an additional 11,817 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 9.0% of Adamsbrown Wealth Consultants LLC’s holdings, making the stock its 3rd largest position. Adamsbrown Wealth Consultants LLC’s holdings in Invesco NASDAQ 100 ETF were worth $32,670,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQM. Bison Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $393,000. Capstone Wealth Management Group LLC grew its position in shares of 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 worth $7,129,000 after buying an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. grew its stake 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 during the last quarter. Empowered Funds LLC acquired a new position in Invesco NASDAQ 100 ETF during the 1st quarter valued at approximately $742,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 108.2% in the second quarter. Sound Income Strategies LLC now owns 306 shares of the company’s stock valued at $69,000 after purchasing an additional 159 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.9%

Invesco NASDAQ 100 ETF stock opened at $259.85 on Wednesday. The firm has a market cap of $73.34 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The business’s 50-day moving average price is $254.29 and its 200 day moving average price is $246.74. 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 company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.323 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

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.