Invesco NASDAQ 100 ETF $QQQM is Petix & Botte Co’s 10th Largest Position

Petix & Botte Co lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,512 shares of the company’s stock after buying an additional 6,326 shares during the period. Invesco NASDAQ 100 ETF makes up 2.7% of Petix & Botte Co’s holdings, making the stock its 10th biggest position. Petix & Botte Co’s holdings in Invesco NASDAQ 100 ETF were worth $12,017,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QQQM. Jackson Hole Capital Partners LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $25,000. Garner Asset Management Corp acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. Wolff Wiese Magana LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $26,000. New Millennium Group LLC grew its position in shares of Invesco NASDAQ 100 ETF by 671.4% in the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $296.37 on Friday. The business’s 50 day moving average price is $257.91 and its 200 day moving average price is $255.12. The company has a market cap of $88.96 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a one year low of $208.18 and a one year high of $297.29.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.3277 dividend. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. 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 0.4%.

Invesco NASDAQ 100 ETF 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.