Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Advisors Preferred LLC

Advisors Preferred LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 110,640 shares of the company’s stock after acquiring an additional 13,900 shares during the period. Invesco NASDAQ 100 ETF comprises 3.9% of Advisors Preferred LLC’s investment portfolio, making the stock its 3rd biggest holding. Advisors Preferred LLC’s holdings in Invesco NASDAQ 100 ETF were worth $26,290,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Migdal Insurance & Financial Holdings Ltd. boosted its position 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 buying an additional 3,005,140 shares during the period. Principia Wealth Advisory LLC boosted its holdings in Invesco NASDAQ 100 ETF by 1,615.9% during the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after acquiring an additional 899,154 shares during the period. Bouchey Financial Group Ltd grew its position in Invesco NASDAQ 100 ETF by 68,507.2% in the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock valued at $148,708,000 after acquiring an additional 587,107 shares in the last quarter. Meitav Investment House Ltd. grew its position in Invesco NASDAQ 100 ETF by 25.3% in the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock valued at $612,143,000 after acquiring an additional 520,102 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Invesco NASDAQ 100 ETF by 62.9% during the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $296.31 on Wednesday. The firm has a market capitalization of $99.78 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 1 year low of $227.00 and a 1 year high of $308.21. The firm’s 50-day moving average is $296.41 and its two-hundred day moving average is $268.26.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.