Ashton Thomas Private Wealth LLC Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Charles Blunt on Nov 14th, 2024

Ashton Thomas Private Wealth LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 13.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,016 shares of the company’s stock after buying an additional 825 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,409,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at $27,000. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $29,000. Triad Wealth Partners LLC bought a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth about $30,000. GAMMA Investing LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter worth approximately $36,000. Finally, Rothschild Investment LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $36,000.

Invesco NASDAQ 100 ETF Trading Down 0.1 %

Shares of QQQM stock opened at $210.83 on Thursday. Invesco NASDAQ 100 ETF has a twelve month low of $157.44 and a twelve month high of $212.19. The stock has a fifty day simple moving average of $200.18 and a two-hundred day simple moving average of $194.73. The stock has a market capitalization of $35.93 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend was Monday, September 23rd.

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.