AssuredPartners Investment Advisors LLC Purchases 3,933 Shares of Invesco NASDAQ 100 ETF $QQQM

AssuredPartners Investment Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 228.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,654 shares of the company’s stock after purchasing an additional 3,933 shares during the quarter. AssuredPartners Investment Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,397,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. San Luis Wealth Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth approximately $1,932,000. Adapt Wealth Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.4% during the 2nd quarter. Adapt Wealth Advisors LLC now owns 91,240 shares of the company’s stock valued at $20,721,000 after buying an additional 1,303 shares in the last quarter. Bank of Nova Scotia bought a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth $277,718,000. Beaumont Financial Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter worth $273,000. Finally, AE Wealth Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 47.7% during the second quarter. AE Wealth Management LLC now owns 11,786 shares of the company’s stock valued at $2,677,000 after acquiring an additional 3,808 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 0.5%

Shares of Invesco NASDAQ 100 ETF stock opened at $251.36 on Tuesday. The company has a market capitalization of $65.83 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The stock’s 50-day simple moving average is $252.65 and its 200-day simple moving average is $239.45. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.