6,843 Shares in Invesco NASDAQ 100 ETF $QQQM Purchased by Del Sette Capital Management LLC

Del Sette Capital Management LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 6,843 shares of the company’s stock, valued at approximately $1,731,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Avaii Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF by 2.8% in the 4th quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after purchasing an additional 40 shares during the last quarter. Twin Peaks Wealth Advisors LLC raised its stake in Invesco NASDAQ 100 ETF by 0.7% in the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock valued at $1,429,000 after purchasing an additional 43 shares during the last quarter. Archer Investment Corp raised its stake in Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after purchasing an additional 44 shares during the last quarter. Modera Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF by 1.2% in the 3rd quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock valued at $969,000 after purchasing an additional 46 shares during the last quarter. Finally, Foresight Capital Management Advisors Inc. raised its stake in Invesco NASDAQ 100 ETF by 4.6% in the 4th quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock valued at $270,000 after purchasing an additional 47 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.0%

Shares of QQQM stock opened at $277.54 on Friday. The firm has a 50-day moving average price of $251.52 and a 200 day moving average price of $252.78. Invesco NASDAQ 100 ETF has a twelve month low of $196.36 and a twelve month high of $278.30. The company has a market capitalization of $83.31 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.3277 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

Invesco NASDAQ 100 ETF Company 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.