NWF Advisory Services Inc. Grows Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

NWF Advisory Services Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 34.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,690 shares of the company’s stock after purchasing an additional 2,733 shares during the period. NWF Advisory Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $2,540,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kellett Wealth Advisors LLC raised its stake in Invesco NASDAQ 100 ETF by 79.6% during the 1st quarter. Kellett Wealth Advisors LLC now owns 3,929 shares of the company’s stock valued at $934,000 after buying an additional 1,741 shares during the last quarter. Uptick Partners LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 5.4% during the 1st quarter. Uptick Partners LLC now owns 4,233 shares of the company’s stock valued at $1,006,000 after buying an additional 217 shares during the period. Y.D. More Investments Ltd boosted its stake in shares of Invesco NASDAQ 100 ETF by 221.7% in the 1st quarter. Y.D. More Investments Ltd now owns 19,300 shares of the company’s stock worth $4,586,000 after buying an additional 13,300 shares during the last quarter. Diversify Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 765.0% in the 1st quarter. Diversify Wealth Management LLC now owns 12,076 shares of the company’s stock worth $2,869,000 after buying an additional 10,680 shares during the last quarter. Finally, Fifth Third Bancorp grew its holdings in shares of Invesco NASDAQ 100 ETF by 5,425.9% in the first quarter. Fifth Third Bancorp now owns 10,444 shares of the company’s stock worth $2,482,000 after acquiring an additional 10,255 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $293.19 on Tuesday. The firm has a market capitalization of $98.29 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a one year low of $227.00 and a one year high of $308.21. The business has a fifty day moving average of $296.10 and a 200 day moving average of $267.98.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 annualized dividend and a dividend 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.