Invesco NASDAQ 100 ETF $QQQM Stock Holdings Lifted by Horizon Wealth Management LLC

Horizon Wealth Management LLC boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 117,571 shares of the company’s stock after acquiring an additional 5,132 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 4.1% of Horizon Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Horizon Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $27,937,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Invesco Ltd. raised its position in Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after acquiring an additional 468,626 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock valued at $926,749,000 after purchasing an additional 65,487 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF by 3,234.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after purchasing an additional 3,005,140 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 11.9% during the fourth quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock worth $742,825,000 after purchasing an additional 313,262 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives raised its position in shares of Invesco NASDAQ 100 ETF by 5.1% during the 4th quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,634,000 shares of the company’s stock worth $666,191,000 after purchasing an additional 129,000 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.4%

QQQM opened at $298.61 on Thursday. The company has a market cap of $99.90 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a twelve month low of $224.80 and a twelve month high of $308.21. The company has a 50-day moving average price of $292.28 and a 200 day moving average price of $265.58.

Invesco NASDAQ 100 ETF Dividend Announcement

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

About Invesco NASDAQ 100 ETF

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.