Stratos Wealth Partners LTD. Purchases 11,662 Shares of Invesco NASDAQ 100 ETF $QQQM

Stratos Wealth Partners LTD. lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 172,865 shares of the company’s stock after buying an additional 11,662 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco NASDAQ 100 ETF were worth $43,721,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of QQQM. Bright Futures Wealth Management LLC. bought a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $617,000. E Fund Management Hong Kong Co. Ltd. grew its stake in Invesco NASDAQ 100 ETF by 1,473.2% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,695 shares of the company’s stock worth $1,407,000 after purchasing an additional 5,333 shares in the last quarter. Evolution Wealth Management Inc. increased its holdings in Invesco NASDAQ 100 ETF by 51,972.7% during the 3rd quarter. Evolution Wealth Management Inc. now owns 5,728 shares of the company’s stock worth $1,416,000 after purchasing an additional 5,717 shares during the period. Boyum Wealth Architects LLC increased its holdings in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. Boyum Wealth Architects LLC now owns 22,813 shares of the company’s stock worth $5,638,000 after purchasing an additional 2,523 shares during the period. Finally, Brookstone Capital Management raised its position in Invesco NASDAQ 100 ETF by 49.7% during the 3rd quarter. Brookstone Capital Management now owns 75,006 shares of the company’s stock valued at $18,535,000 after purchasing an additional 24,904 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $240.86 on Friday. The business’s fifty day simple moving average is $247.90 and its 200-day simple moving average is $250.80. The company has a market capitalization of $69.45 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

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