AGH Wealth Advisors LLC Has $4.26 Million Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

AGH Wealth Advisors LLC cut its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 26.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,924 shares of the company’s stock after selling 6,563 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 3.1% of AGH Wealth Advisors LLC’s holdings, making the stock its 7th largest position. AGH Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,263,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Garner Asset Management Corp bought a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth about $25,000. Imprint Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. Osbon Capital Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $41,000. Bank & Trust Co purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $46,000. Finally, Monetary Solutions Ltd purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $50,000.

Invesco NASDAQ 100 ETF Trading Down 1.3%

Invesco NASDAQ 100 ETF stock opened at $290.95 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $224.15 and a 1-year high of $308.21. The firm has a market capitalization of $87.34 billion, a PE ratio of 31.95 and a beta of 1.23. The firm’s 50 day simple moving average is $290.23 and its 200 day simple moving average is $264.64.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 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.