Legacy Wealth Managment LLC ID Has $2.16 Million Stock Position in Invesco NASDAQ 100 ETF $QQQM

Legacy Wealth Managment LLC ID increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2,146.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,075 shares of the company’s stock after acquiring an additional 8,671 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 1.1% of Legacy Wealth Managment LLC ID’s holdings, making the stock its 15th largest holding. Legacy Wealth Managment LLC ID’s holdings in Invesco NASDAQ 100 ETF were worth $2,156,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Bison Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $393,000. Capstone Wealth Management Group LLC grew its position in Invesco NASDAQ 100 ETF by 9.6% during the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after buying an additional 3,220 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Invesco NASDAQ 100 ETF by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after acquiring an additional 819 shares during the period. Empowered Funds LLC bought a new position in Invesco NASDAQ 100 ETF during the first quarter valued at about $742,000. Finally, Valeo Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF during the second quarter valued at about $534,000.

Invesco NASDAQ 100 ETF Stock Up 0.1%

Invesco NASDAQ 100 ETF stock opened at $286.58 on Tuesday. The business has a 50 day moving average price of $296.41 and a two-hundred day moving average price of $269.21. Invesco NASDAQ 100 ETF has a 12 month low of $227.00 and a 12 month high of $308.21. The stock has a market cap of $96.75 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 disclosed 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 was Monday, June 22nd. This represents a $1.41 dividend on an annualized basis 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.