CW Advisors LLC Has $5.46 Million Stake in Invesco NASDAQ 100 ETF $QQQM

CW Advisors LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,025 shares of the company’s stock after acquiring an additional 3,039 shares during the quarter. CW Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,456,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mark Sheptoff Financial Planning LLC increased its stake in Invesco NASDAQ 100 ETF by 30.7% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 217 shares of the company’s stock valued at $49,000 after purchasing an additional 51 shares in the last quarter. Uptick Partners LLC increased its position in Invesco NASDAQ 100 ETF by 1.4% in the 2nd quarter. Uptick Partners LLC now owns 3,869 shares of the company’s stock valued at $879,000 after buying an additional 52 shares in the last quarter. Compass Advisory Group LLC raised its stake in Invesco NASDAQ 100 ETF by 1.3% during the 1st quarter. Compass Advisory Group LLC now owns 4,800 shares of the company’s stock worth $927,000 after buying an additional 60 shares during the period. Purus Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF by 0.4% during the 1st quarter. Purus Wealth Management LLC now owns 13,618 shares of the company’s stock worth $2,629,000 after buying an additional 61 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its holdings in Invesco NASDAQ 100 ETF by 4.5% in the first quarter. Chicago Partners Investment Group LLC now owns 1,614 shares of the company’s stock worth $321,000 after acquiring an additional 69 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $257.53 on Friday. The stock has a market capitalization of $67.45 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23. The stock has a 50 day moving average price of $251.76 and a two-hundred day moving average price of $237.27.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a $0.3025 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 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.