San Luis Wealth Advisors LLC Takes Position in Invesco NASDAQ 100 ETF $QQQM

San Luis Wealth Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,508 shares of the company’s stock, valued at approximately $1,932,000.

Other large investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF by 91.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,656 shares of the company’s stock worth $513,000 after acquiring an additional 1,270 shares during the last quarter. Mather Group LLC. boosted its position in shares of Invesco NASDAQ 100 ETF by 80.6% during the 1st quarter. Mather Group LLC. now owns 168 shares of the company’s stock valued at $32,000 after acquiring an additional 75 shares during the last quarter. Savvy Advisors Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 18.0% during the 1st quarter. Savvy Advisors Inc. now owns 2,608 shares of the company’s stock valued at $503,000 after acquiring an additional 398 shares during the last quarter. Brown Advisory Inc. bought a new stake in Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $203,000. Finally, Northern Trust Corp bought a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $420,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $245.37 on Friday. The business’s 50 day simple moving average is $237.14 and its two-hundred day simple moving average is $217.30. The stock has a market capitalization of $58.83 billion, a P/E ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $248.17.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.3025 per share. The ex-dividend date of this dividend 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.