Petix & Botte Co Acquires 4,761 Shares of Invesco NASDAQ 100 ETF $QQQM

Petix & Botte Co increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,641 shares of the company’s stock after acquiring an additional 4,761 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 2.0% of Petix & Botte Co’s investment portfolio, making the stock its 17th largest holding. Petix & Botte Co’s holdings in Invesco NASDAQ 100 ETF were worth $8,321,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Hudock Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF by 8.2% during the second quarter. Hudock Inc. now owns 103,902 shares of the company’s stock worth $23,596,000 after purchasing an additional 7,873 shares during the period. Austin Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF by 133.4% during the second quarter. Austin Wealth Management LLC now owns 11,469 shares of the company’s stock worth $2,667,000 after buying an additional 6,555 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in Invesco NASDAQ 100 ETF by 1.1% during the 2nd quarter. SBI Securities Co. Ltd. now owns 15,288 shares of the company’s stock worth $3,472,000 after acquiring an additional 171 shares during the period. Verus Capital Partners LLC acquired a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at $230,000. Finally, Cvfg LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 10.6% during the 2nd quarter. Cvfg LLC now owns 20,018 shares of the company’s stock valued at $4,546,000 after acquiring an additional 1,917 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 0.1%

QQQM opened at $255.71 on Thursday. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $262.23. The stock has a market capitalization of $66.97 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The company has a 50-day simple moving average of $248.87 and a 200 day simple moving average of $231.90.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.3025 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 annualized dividend and a 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.