Invesco NASDAQ 100 ETF $QQQM is Investment Advisory Services Group LLC’s 7th Largest Position

Investment Advisory Services Group LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 21,911 shares of the company’s stock after purchasing an additional 2,015 shares during the period. Invesco NASDAQ 100 ETF comprises about 4.5% of Investment Advisory Services Group LLC’s investment portfolio, making the stock its 7th biggest position. Investment Advisory Services Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,207,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Nicholas Wealth LLC. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $1,164,000. Bank of New York Mellon Corp raised its holdings in shares of Invesco NASDAQ 100 ETF by 8.1% during the fourth quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock valued at $211,423,000 after acquiring an additional 62,705 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 34.7% during the fourth quarter. Farther Finance Advisors LLC now owns 85,731 shares of the company’s stock valued at $21,683,000 after acquiring an additional 22,077 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its stake in Invesco NASDAQ 100 ETF by 1,046.7% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 50,843 shares of the company’s stock worth $12,859,000 after acquiring an additional 46,409 shares during the period. Finally, EdgeRock Capital LLC boosted its holdings in Invesco NASDAQ 100 ETF by 2.5% in the fourth quarter. EdgeRock Capital LLC now owns 154,578 shares of the company’s stock valued at $39,104,000 after acquiring an additional 3,809 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 2.1%

Shares of QQQM traded down $6.29 during trading hours on Tuesday, reaching $291.23. 1,340,144 shares of the company traded hands, compared to its average volume of 4,578,905. Invesco NASDAQ 100 ETF has a 12 month low of $226.88 and a 12 month high of $308.21. The company’s fifty day moving average price is $293.90 and its two-hundred day moving average price is $266.49. The company has a market capitalization of $97.31 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

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.