Intrua Financial LLC Has $3.17 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Intrua Financial LLC lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,825 shares of the company’s stock after buying an additional 3,324 shares during the period. Intrua Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,169,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Invesco Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 18.8% during the second quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock worth $2,460,590,000 after purchasing an additional 1,715,025 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,601,275 shares of the company’s stock valued at $1,726,216,000 after buying an additional 152,512 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its holdings in Invesco NASDAQ 100 ETF by 73.1% during the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock worth $876,757,000 after purchasing an additional 1,630,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco NASDAQ 100 ETF by 14.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,366,746 shares of the company’s stock valued at $764,588,000 after buying an additional 433,686 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 18.1% during the second quarter. Ameriprise Financial Inc. now owns 1,887,027 shares of the company’s stock worth $428,543,000 after purchasing an additional 289,510 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $255.71 on Monday. The stock has a 50-day moving average of $253.77 and a 200-day moving average of $245.39. The stock has a market cap of $71.52 billion, a PE 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.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. 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 yield of 0.5%. The ex-dividend date was Monday, December 22nd.

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.