Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Bauman Advisory Group LLC

Bauman Advisory Group LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,663 shares of the company’s stock after buying an additional 7,569 shares during the period. Invesco NASDAQ 100 ETF accounts for 9.3% of Bauman Advisory Group LLC’s holdings, making the stock its 2nd biggest position. Bauman Advisory Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $13,227,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of Invesco NASDAQ 100 ETF by 3,234.6% during 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 acquiring an additional 3,005,140 shares during the period. Principia Wealth Advisory LLC raised its holdings in Invesco NASDAQ 100 ETF by 1,615.9% in the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after purchasing an additional 899,154 shares during the period. Bouchey Financial Group Ltd boosted its position in Invesco NASDAQ 100 ETF by 68,507.2% during the fourth quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after purchasing an additional 587,107 shares in the last quarter. Meitav Investment House Ltd. boosted its position in Invesco NASDAQ 100 ETF by 25.3% during the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after purchasing an additional 520,102 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in Invesco NASDAQ 100 ETF by 62.9% in the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after purchasing an additional 497,004 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 1.7%

Shares of QQQM opened at $290.68 on Friday. The firm has a market cap of $97.89 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 12 month low of $227.00 and a 12 month high of $308.21. The stock’s 50 day moving average is $296.69 and its two-hundred day moving average is $268.77.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders 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 dividend yield of 0.5%.

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.