Atlas Private Wealth Advisors Reduces Holdings in Invesco NASDAQ 100 ETF $QQQM

Atlas Private Wealth Advisors reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 53.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,431 shares of the company’s stock after selling 18,724 shares during the period. Invesco NASDAQ 100 ETF accounts for about 1.0% of Atlas Private Wealth Advisors’ holdings, making the stock its 27th biggest position. Atlas Private Wealth Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $4,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Invesco NASDAQ 100 ETF by 1,473.2% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,695 shares of the company’s stock valued at $1,407,000 after purchasing an additional 5,333 shares in the last quarter. Evolution Wealth Management Inc. boosted its stake in Invesco NASDAQ 100 ETF by 51,972.7% during the 3rd quarter. Evolution Wealth Management Inc. now owns 5,728 shares of the company’s stock valued at $1,416,000 after purchasing an additional 5,717 shares during the period. Boyum Wealth Architects LLC boosted its position in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. Boyum Wealth Architects LLC now owns 22,813 shares of the company’s stock worth $5,638,000 after acquiring an additional 2,523 shares during the period. Brookstone Capital Management lifted its stake in shares of Invesco NASDAQ 100 ETF by 49.7% in the 3rd quarter. Brookstone Capital Management now owns 75,006 shares of the company’s stock worth $18,535,000 after acquiring an additional 24,904 shares during the period. Finally, Bank Hapoalim BM bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $35,091,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $256.05 on Friday. The company has a market capitalization of $72.68 billion, a P/E ratio of 31.95 and a beta of 1.16. The company’s 50 day simple moving average is $255.19 and its 200 day simple moving average is $247.11. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $0.323 per share. This represents a $1.29 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, December 22nd. This is a positive change 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.