Invesco NASDAQ 100 ETF $QQQM Stake Lifted by One Day In July LLC

One Day In July LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 30.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 218,620 shares of the company’s stock after purchasing an additional 51,158 shares during the period. Invesco NASDAQ 100 ETF makes up 4.5% of One Day In July LLC’s investment portfolio, making the stock its 8th largest holding. One Day In July LLC’s holdings in Invesco NASDAQ 100 ETF were worth $49,649,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NorthRock Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at about $28,000. Hughes Financial Services LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at about $30,000. HHM Wealth Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 273.2% in the first quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock valued at $30,000 after acquiring an additional 112 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 80.6% in the first quarter. Mather Group LLC. now owns 168 shares of the company’s stock valued at $32,000 after acquiring an additional 75 shares in the last quarter. Finally, Pflug Koory LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at about $32,000.

Invesco NASDAQ 100 ETF Stock Up 0.5%

Shares of NASDAQ:QQQM opened at $261.79 on Thursday. The company has a market cap of $68.26 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The firm’s 50-day simple moving average is $244.66 and its 200-day simple moving average is $227.02. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a $0.3025 dividend. The ex-dividend date was Monday, September 22nd. This represents a $1.21 annualized dividend and a dividend yield of 0.5%.

Invesco NASDAQ 100 ETF 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.