Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Holdings Boosted by RiverFront Investment Group LLC

RiverFront Investment Group LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,999 shares of the company’s stock after acquiring an additional 141 shares during the quarter. RiverFront Investment Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,696,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cutter & CO Brokerage Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 9.7% during the 4th quarter. Cutter & CO Brokerage Inc. now owns 2,805 shares of the company’s stock worth $473,000 after acquiring an additional 247 shares in the last quarter. Whitaker Myers Wealth Managers LTD. boosted its position in shares of Invesco NASDAQ 100 ETF by 32.4% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 102,113 shares of the company’s stock worth $17,210,000 after buying an additional 24,984 shares during the period. IFG Advisory LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 23.7% in the fourth quarter. IFG Advisory LLC now owns 5,011 shares of the company’s stock worth $845,000 after buying an additional 961 shares during the period. Next Capital Management LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 3.6% in the fourth quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock worth $304,000 after buying an additional 62 shares during the period. Finally, AdvisorNet Financial Inc boosted its position in shares of Invesco NASDAQ 100 ETF by 158.7% in the fourth quarter. AdvisorNet Financial Inc now owns 21,493 shares of the company’s stock worth $3,622,000 after buying an additional 13,184 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.5 %

Shares of Invesco NASDAQ 100 ETF stock traded up $2.70 during midday trading on Friday, hitting $177.35. The company’s stock had a trading volume of 1,044,108 shares, compared to its average volume of 1,852,672. Invesco NASDAQ 100 ETF has a 1-year low of $129.60 and a 1-year high of $184.88. The stock has a 50-day simple moving average of $179.80 and a 200-day simple moving average of $168.89. The firm has a market capitalization of $22.87 billion, a P/E ratio of 35.17 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.3454 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.78%.

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.