KPP Advisory Services LLC Buys 14,419 Shares of Invesco NASDAQ 100 ETF $QQQM

KPP Advisory Services LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 142,992 shares of the company’s stock after acquiring an additional 14,419 shares during the quarter. Invesco NASDAQ 100 ETF makes up 4.9% of KPP Advisory Services LLC’s portfolio, making the stock its largest holding. KPP Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $33,978,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in QQQM. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after purchasing an additional 3,005,140 shares in the last quarter. Principia Wealth Advisory LLC boosted its holdings in Invesco NASDAQ 100 ETF by 1,615.9% in the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after acquiring an additional 899,154 shares during the last quarter. Bouchey Financial Group Ltd raised its holdings in Invesco NASDAQ 100 ETF by 68,507.2% during the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after purchasing an additional 587,107 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Invesco NASDAQ 100 ETF by 62.9% in the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after purchasing an additional 497,004 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock worth $2,947,440,000 after buying an additional 468,626 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $298.61 on Thursday. Invesco NASDAQ 100 ETF has a fifty-two week low of $224.80 and a fifty-two week high of $308.21. The firm has a market capitalization of $99.90 billion, a P/E ratio of 31.95 and a beta of 1.22. The company’s 50 day simple moving average is $292.28 and its 200 day simple moving average is $265.58.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 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.