Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Woodard & Co. Asset Management Group Inc. ADV

Woodard & Co. Asset Management Group Inc. ADV grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 68.7% in the third quarter, HoldingsChannel reports. The fund owned 46,794 shares of the company’s stock after buying an additional 19,056 shares during the period. Invesco NASDAQ 100 ETF makes up about 1.9% of Woodard & Co. Asset Management Group Inc. ADV’s portfolio, making the stock its 13th largest holding. Woodard & Co. Asset Management Group Inc. ADV’s holdings in Invesco NASDAQ 100 ETF were worth $11,564,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 0.7% during the third 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 in the last quarter. Avidian Wealth Enterprises LLC grew its position in Invesco NASDAQ 100 ETF by 152.5% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 5,525 shares of the company’s stock valued at $1,365,000 after buying an additional 3,337 shares in the last quarter. BankPlus Wealth Management LLC increased its stake in Invesco NASDAQ 100 ETF by 36.4% during the 3rd quarter. BankPlus Wealth Management LLC now owns 9,815 shares of the company’s stock valued at $2,426,000 after buying an additional 2,617 shares during the period. Chicago Partners Investment Group LLC raised its position in shares of Invesco NASDAQ 100 ETF by 62.3% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,860 shares of the company’s stock worth $1,006,000 after buying an additional 1,481 shares in the last quarter. Finally, Rolek Wealth Management LLC raised its position in shares of Invesco NASDAQ 100 ETF by 175.9% during the 3rd quarter. Rolek Wealth Management LLC now owns 19,004 shares of the company’s stock worth $4,696,000 after buying an additional 12,116 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.3%

Shares of NASDAQ:QQQM opened at $253.70 on Thursday. The company has a 50 day moving average of $253.60 and a 200-day moving average of $245.79. The firm has a market cap of $71.25 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.323 per share. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.