Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Holdings Increased by JDM Financial Group LLC

JDM Financial Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,827 shares of the company’s stock after purchasing an additional 99 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 0.5% of JDM Financial Group LLC’s portfolio, making the stock its 25th largest position. JDM Financial Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,016,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC increased its position in Invesco NASDAQ 100 ETF by 4,489.8% in the 3rd quarter. Barclays PLC now owns 21,113 shares of the company’s stock worth $4,241,000 after purchasing an additional 20,653 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Invesco NASDAQ 100 ETF by 92.8% during the 4th quarter. Arkadios Wealth Advisors now owns 1,992 shares of the company’s stock valued at $419,000 after buying an additional 959 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 27.7% in the 4th quarter. HB Wealth Management LLC now owns 3,976 shares of the company’s stock valued at $837,000 after buying an additional 863 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $662,000. Finally, UMB Bank n.a. acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $95,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $214.20 on Wednesday. The firm has a market cap of $45.70 billion, a PE ratio of 30.65 and a beta of 1.18. The firm’s 50 day moving average price is $194.68 and its 200 day moving average price is $206.06. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.3176 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

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.