Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by RIA Advisory Group LLC

RIA Advisory Group LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1,347.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,766 shares of the company’s stock after purchasing an additional 21,193 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 1.1% of RIA Advisory Group LLC’s investment portfolio, making the stock its 13th biggest holding. RIA Advisory Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,837,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Whitaker Myers Wealth Managers LTD. lifted its position in Invesco NASDAQ 100 ETF by 32.4% during the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 102,113 shares of the company’s stock valued at $17,210,000 after purchasing an additional 24,984 shares during the period. IFG Advisory LLC lifted its position in Invesco NASDAQ 100 ETF by 23.7% during the fourth quarter. IFG Advisory LLC now owns 5,011 shares of the company’s stock valued at $845,000 after purchasing an additional 961 shares during the period. Next Capital Management LLC lifted its position in Invesco NASDAQ 100 ETF by 3.6% during the fourth quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock valued at $304,000 after purchasing an additional 62 shares during the period. AdvisorNet Financial Inc lifted its position in Invesco NASDAQ 100 ETF by 158.7% during the fourth quarter. AdvisorNet Financial Inc now owns 21,493 shares of the company’s stock valued at $3,622,000 after purchasing an additional 13,184 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $65,475,000.

Invesco NASDAQ 100 ETF Trading Down 2.1 %

Shares of Invesco NASDAQ 100 ETF stock traded down $3.63 during trading hours on Friday, reaching $170.63. The stock had a trading volume of 2,813,354 shares, compared to its average volume of 1,880,290. The stock’s 50 day moving average is $180.29 and its 200 day moving average is $167.70. The firm has a market capitalization of $21.88 billion, a PE ratio of 35.17 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $127.47 and a twelve month high of $184.88.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a $0.3454 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.81%.

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.