Integrated Wealth Concepts LLC Has $69.05 Million Stake in Invesco NASDAQ 100 ETF $QQQM

Integrated Wealth Concepts LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 279,434 shares of the company’s stock after purchasing an additional 25,689 shares during the quarter. Invesco NASDAQ 100 ETF makes up 0.6% of Integrated Wealth Concepts LLC’s portfolio, making the stock its 28th largest holding. Integrated Wealth Concepts LLC owned approximately 0.11% of Invesco NASDAQ 100 ETF worth $69,054,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. JPL Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $124,000. Gotham Asset Management LLC lifted its stake in Invesco NASDAQ 100 ETF by 3.9% during the third quarter. Gotham Asset Management LLC now owns 5,338 shares of the company’s stock worth $1,319,000 after purchasing an additional 201 shares during the period. Flow Traders U.S. LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $21,817,000. Focus Partners Wealth boosted its holdings in Invesco NASDAQ 100 ETF by 2.3% during the third quarter. Focus Partners Wealth now owns 123,741 shares of the company’s stock valued at $30,588,000 after purchasing an additional 2,785 shares in the last quarter. Finally, Delos Wealth Advisors LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 320.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 315 shares of the company’s stock valued at $78,000 after purchasing an additional 240 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.6%

Shares of QQQM opened at $244.45 on Monday. The stock has a market cap of $70.12 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $262.23. The stock has a 50 day simple moving average of $252.49 and a 200-day simple moving average of $250.70.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed 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 is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, December 22nd.

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.