Latko Wealth Management Ltd. Has $26.79 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Latko Wealth Management Ltd. reduced its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,414 shares of the company’s stock after selling 3,223 shares during the quarter. Invesco NASDAQ 100 ETF comprises 13.6% of Latko Wealth Management Ltd.’s holdings, making the stock its 3rd largest holding. Latko Wealth Management Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $26,791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jackson Hole Capital Partners LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $25,000. Wolff Wiese Magana LLC acquired a new position in Invesco NASDAQ 100 ETF in the third quarter valued at $26,000. Trust Co. of Toledo NA OH bought a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at $28,000. Mather Group LLC. acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $42,000. Finally, Rosenberg Matthew Hamilton acquired a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth about $43,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $251.01 on Monday. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $262.23. The business’s 50-day moving average is $255.13 and its 200-day moving average is $248.07. The company has a market capitalization of $72.00 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.