Prostatis Group LLC Increases Stock Position in Invesco NASDAQ 100 ETF $QQQM

Prostatis Group LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 130.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,323 shares of the company’s stock after acquiring an additional 1,878 shares during the period. Prostatis Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $755,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Opulen Financial Group LLC raised its position in Invesco NASDAQ 100 ETF by 1.3% in the first quarter. Opulen Financial Group LLC now owns 4,777 shares of the company’s stock valued at $922,000 after purchasing an additional 59 shares during the period. Compass Advisory Group LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1.3% during the first quarter. Compass Advisory Group LLC now owns 4,800 shares of the company’s stock worth $927,000 after buying an additional 60 shares during the period. Robertson Stephens Wealth Management LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 2.0% in the first quarter. Robertson Stephens Wealth Management LLC now owns 3,168 shares of the company’s stock valued at $611,000 after buying an additional 61 shares in the last quarter. Purus Wealth Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 0.4% in the 1st quarter. Purus Wealth Management LLC now owns 13,618 shares of the company’s stock valued at $2,629,000 after buying an additional 61 shares during the period. Finally, Pettyjohn Wood & White Inc. lifted its stake in Invesco NASDAQ 100 ETF by 3.3% during the 1st quarter. Pettyjohn Wood & White Inc. now owns 2,050 shares of the company’s stock worth $396,000 after acquiring an additional 65 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $242.67 on Friday. The stock has a market capitalization of $62.39 billion, a price-to-earnings ratio of 31.95 and a beta of 1.18. The business has a 50-day moving average of $240.37 and a 200 day moving average of $220.79. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $252.42.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a $0.3025 dividend. The ex-dividend date was Monday, September 22nd. This represents a $1.21 dividend on an annualized basis and a dividend yield of 0.5%.

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.