Invesco NASDAQ 100 ETF $QQQM Shares Bought by World Equity Group Inc.

by · The Markets Daily

World Equity Group Inc. raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 130.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,074 shares of the company’s stock after buying an additional 4,573 shares during the period. World Equity Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $1,995,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of QQQM. Cypress Wealth Services LLC increased its stake in Invesco NASDAQ 100 ETF by 3.4% in the 3rd quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock valued at $307,000 after purchasing an additional 41 shares in the last quarter. Base Wealth Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 3.9% in the third quarter. Base Wealth Management LLC now owns 1,157 shares of the company’s stock valued at $286,000 after purchasing an additional 43 shares during the last quarter. Sand Hill Global Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 4.3% in the second quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock valued at $263,000 after purchasing an additional 48 shares during the last quarter. Freedom Financial Partners LLC increased its position in shares of Invesco NASDAQ 100 ETF by 2.6% in the second quarter. Freedom Financial Partners LLC now owns 2,005 shares of the company’s stock valued at $455,000 after buying an additional 50 shares in the last quarter. Finally, TrueWealth Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 0.7% during the 3rd quarter. TrueWealth Advisors LLC now owns 6,969 shares of the company’s stock worth $1,722,000 after buying an additional 50 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.0%

Invesco NASDAQ 100 ETF stock opened at $258.01 on Friday. The firm has a market capitalization of $71.69 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23. The firm’s 50-day simple moving average is $253.60 and its 200 day simple moving average is $244.01.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.323 dividend. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, December 22nd.

Invesco NASDAQ 100 ETF Company Profile

(Free Report)

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.

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