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

Axxcess Wealth Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 121.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 138,874 shares of the company’s stock after purchasing an additional 76,124 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $35,124,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Bison Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at $393,000. Capstone Wealth Management Group LLC boosted 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 valued at $7,129,000 after purchasing an additional 3,220 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at $742,000. Finally, Valeo Financial Advisors LLC purchased a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth about $534,000.

Invesco NASDAQ 100 ETF Trading Up 2.3%

NASDAQ QQQM opened at $304.52 on Friday. The stock’s 50-day moving average price is $285.18 and its two-hundred day moving average price is $262.99. The company has a market cap of $91.41 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1 year low of $215.55 and a 1 year high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.3277 dividend. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 23rd.

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.