Centennial Wealth Advisory LLC Has $5.79 Million Stock Position in Invesco NASDAQ 100 ETF $QQQM

Centennial Wealth Advisory LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 90.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,383 shares of the company’s stock after purchasing an additional 11,580 shares during the period. Invesco NASDAQ 100 ETF makes up 1.4% of Centennial Wealth Advisory LLC’s holdings, making the stock its 19th biggest holding. Centennial Wealth Advisory LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,794,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of QQQM. Invesco Ltd. lifted 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 purchasing an additional 468,626 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its stake in Invesco NASDAQ 100 ETF by 0.6% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock worth $959,484,000 after buying an additional 22,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,664,198 shares of the company’s stock valued at $926,749,000 after buying an additional 65,487 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its holdings in Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after buying an additional 3,005,140 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 11.9% in the 4th quarter. Raymond James Financial Inc. now owns 2,936,996 shares of the company’s stock valued at $742,825,000 after buying an additional 313,262 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 3.3%

Shares of Invesco NASDAQ 100 ETF stock opened at $293.87 on Wednesday. The company has a market cap of $88.21 billion, a PE ratio of 31.95 and a beta of 1.23. The company has a 50 day moving average of $288.18 and a 200-day moving average of $263.94. Invesco NASDAQ 100 ETF has a 1-year low of $220.74 and a 1-year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.3522 per share. The ex-dividend date is Monday, June 22nd. This represents a $1.41 annualized dividend 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.