Invesco NASDAQ 100 ETF $QQQM Stock Holdings Increased by Boyum Wealth Architects LLC

Boyum Wealth Architects LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,813 shares of the company’s stock after acquiring an additional 2,523 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 3.5% of Boyum Wealth Architects LLC’s portfolio, making the stock its 8th biggest holding. Boyum Wealth Architects LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,638,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. San Luis Wealth Advisors LLC purchased a new position in Invesco NASDAQ 100 ETF in the second quarter valued at about $1,932,000. Adapt Wealth Advisors LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 1.4% in the second 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 purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $277,718,000. Beaumont Financial Advisors LLC acquired a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $273,000. Finally, AE Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 47.7% during the 2nd quarter. AE Wealth Management LLC now owns 11,786 shares of the company’s stock worth $2,677,000 after acquiring an additional 3,808 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.5%

Shares of NASDAQ:QQQM 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 company has a 50 day moving average of $252.65 and a two-hundred day moving average of $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 company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors 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 yield of 0.5%.

About Invesco NASDAQ 100 ETF

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.