Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Purchased by Spire Wealth Management

Posted by Bonnie Powley on May 9th, 2024

Spire Wealth Management boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 5.1% in the fourth quarter, Holdings Channel reports. The fund owned 4,330 shares of the company’s stock after buying an additional 211 shares during the quarter. Spire Wealth Management’s holdings in Invesco NASDAQ 100 ETF were worth $751,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of QQQM. Clearstead Advisors LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth about $30,000. Larson Financial Group LLC grew its position in shares of Invesco NASDAQ 100 ETF by 120.5% during the fourth quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock worth $33,000 after buying an additional 106 shares in the last quarter. CVA Family Office LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $34,000. Addison Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter worth $36,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $42,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $181.08 on Thursday. The firm has a fifty day moving average of $179.73 and a two-hundred day moving average of $170.45. The firm has a market cap of $23.48 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $132.15 and a 1-year high of $184.88.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.3454 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a yield of 0.76%.

Invesco NASDAQ 100 ETF Company Profile

(Free Report)

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.