Invesco NASDAQ 100 ETF $QQQM Stock Holdings Raised by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 141,616 shares of the company’s stock after purchasing an additional 2,742 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 1.1% of Axxcess Wealth Management LLC’s holdings, making the stock its 22nd biggest holding. Axxcess Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $33,651,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $25,000. Imprint Wealth LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. SJS Investment Consulting Inc. bought a new position in Invesco NASDAQ 100 ETF during the first quarter worth $40,000. Osbon Capital Management LLC acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth $41,000. Finally, Bank & Trust Co acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth $46,000.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $292.14 on Wednesday. Invesco NASDAQ 100 ETF has a 1-year low of $226.88 and a 1-year high of $308.21. The firm has a fifty day moving average price of $294.28 and a two-hundred day moving average price of $266.80. The firm has a market cap of $97.61 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Announces Dividend

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