Invesco NASDAQ 100 ETF $QQQM Holdings Raised by Avior Wealth Management LLC

Avior Wealth Management LLC boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,620 shares of the company’s stock after buying an additional 1,506 shares during the quarter. Avior Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $13,085,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter valued at $25,000. Westwind Capital bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter valued at $27,000. NorthRock Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter valued at $28,000. Crews Bank & Trust raised its holdings in shares of Invesco NASDAQ 100 ETF by 328.6% during the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares in the last quarter. Finally, Hughes Financial Services LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter valued at $30,000.

Invesco NASDAQ 100 ETF Trading Up 0.4%

Invesco NASDAQ 100 ETF stock opened at $245.37 on Friday. The company has a market capitalization of $58.83 billion, a P/E ratio of 31.95 and a beta of 1.18. The firm’s fifty day simple moving average is $237.14 and its 200-day simple moving average is $217.30. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $248.17.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.