Integrity Wealth Advisors Inc. Has $3.05 Million Stake in Invesco NASDAQ 100 ETF $QQQM

Integrity Wealth Advisors Inc. raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 691.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,047 shares of the company’s stock after purchasing an additional 10,525 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 2.1% of Integrity Wealth Advisors Inc.’s holdings, making the stock its 12th largest holding. Integrity Wealth Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $3,047,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of QQQM. Bison Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $393,000. Capstone Wealth Management Group LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after purchasing an additional 3,220 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at about $742,000. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $534,000.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $297.57 on Thursday. The business’s 50-day moving average price is $283.94 and its two-hundred day moving average price is $262.64. Invesco NASDAQ 100 ETF has a 1 year low of $215.55 and a 1 year high of $308.21. The company has a market capitalization of $89.32 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.