Wealth Management Nebraska Buys Shares of 6,774 Invesco NASDAQ 100 ETF $QQQM

Wealth Management Nebraska acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,774 shares of the company’s stock, valued at approximately $1,528,000. Invesco NASDAQ 100 ETF accounts for approximately 0.2% of Wealth Management Nebraska’s portfolio, making the stock its 28th biggest position.

A number of other large investors have also modified their holdings of the stock. Joel Isaacson & Co. LLC increased its position in shares of Invesco NASDAQ 100 ETF by 7.4% during the second quarter. Joel Isaacson & Co. LLC now owns 1,467 shares of the company’s stock worth $333,000 after acquiring an additional 101 shares during the period. Roundview Capital LLC increased its position in shares of Invesco NASDAQ 100 ETF by 4.8% during the second quarter. Roundview Capital LLC now owns 46,003 shares of the company’s stock worth $10,447,000 after acquiring an additional 2,098 shares during the period. RMG Wealth Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth $60,000. Meitav Investment House Ltd. increased its position in shares of Invesco NASDAQ 100 ETF by 4.6% during the second quarter. Meitav Investment House Ltd. now owns 1,853,672 shares of the company’s stock worth $421,211,000 after acquiring an additional 81,933 shares during the period. Finally, SteelPeak Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth $231,000.

Invesco NASDAQ 100 ETF Trading Up 0.7%

Invesco NASDAQ 100 ETF stock opened at $250.17 on Tuesday. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $250.85. The stock’s fifty day simple moving average is $239.03 and its 200-day simple moving average is $219.60. The firm has a market capitalization of $64.19 billion, a P/E ratio of 31.95 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.