Ameritas Advisory Services LLC Buys 3,756 Shares of Invesco NASDAQ 100 ETF $QQQM

Ameritas Advisory Services LLC grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 32,489 shares of the company’s stock after acquiring an additional 3,756 shares during the period. Ameritas Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,029,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Jackson Hole Capital Partners LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $25,000. Wolff Wiese Magana LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at $26,000. Trust Co. of Toledo NA OH bought a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth about $28,000. Abich Financial Wealth Management LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth about $31,000. Finally, Mather Group LLC. bought a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $42,000.

Invesco NASDAQ 100 ETF Trading Down 2.0%

Shares of QQQM opened at $247.31 on Friday. The firm has a fifty day simple moving average of $254.75 and a two-hundred day simple moving average of $248.36. The firm has a market cap of $70.94 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.323 dividend. This represents a $1.29 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, December 22nd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.