Ameritas Advisory Services LLC Grows Position in Invesco NASDAQ 100 ETF $QQQM

Ameritas Advisory Services LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,489 shares of the company’s stock after purchasing an additional 3,756 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,029,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in QQQM. Jackson Hole Capital Partners LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $25,000. Wolff Wiese Magana LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $26,000. Trust Co. of Toledo NA OH bought a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $28,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. Finally, Mather Group LLC. bought a new position in Invesco NASDAQ 100 ETF in the third quarter worth approximately $42,000.

Invesco NASDAQ 100 ETF Stock Down 2.0%

Shares of NASDAQ QQQM opened at $247.31 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $262.23. The firm has a market cap of $70.94 billion, a PE ratio of 31.95 and a beta of 1.16. The business has a fifty day simple moving average of $254.75 and a two-hundred day simple moving average of $248.36.

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 issued a dividend of $0.323 per share. This represents a $1.29 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 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.