Global Financial Private Client LLC Has $1.93 Million Position in Invesco NASDAQ 100 ETF $QQQM

Global Financial Private Client LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 39.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,794 shares of the company’s stock after acquiring an additional 2,211 shares during the quarter. Global Financial Private Client LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,926,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Trust Co. of Toledo NA OH bought a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $28,000. Pflug Koory LLC bought a new stake in Invesco NASDAQ 100 ETF during the second quarter worth about $32,000. PrairieView Partners LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 400.0% during the second quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock worth $37,000 after buying an additional 132 shares in the last quarter. ROSS JOHNSON & Associates LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth approximately $42,000. Finally, Mather Group LLC. bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $42,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $252.92 on Friday. The company has a market capitalization of $66.24 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $262.23. The business’s 50 day simple moving average is $253.96 and its 200-day simple moving average is $242.44.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. The ex-dividend date was Monday, December 22nd. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend 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.