Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Atria Investments Inc

Atria Investments Inc boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,028 shares of the company’s stock after acquiring an additional 3,275 shares during the period. Atria Investments Inc’s holdings in Invesco NASDAQ 100 ETF were worth $14,093,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Bison Wealth LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $393,000. Capstone Wealth Management Group LLC grew its stake in Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after purchasing an additional 3,220 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Invesco NASDAQ 100 ETF by 1.6% in the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after buying an additional 819 shares during the last quarter. Empowered Funds LLC acquired a new stake in Invesco NASDAQ 100 ETF during the first quarter valued at approximately $742,000. Finally, Valeo Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $534,000.

Invesco NASDAQ 100 ETF Trading Down 2.0%

Shares of QQQM opened at $247.31 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23. The firm has a market cap of $70.94 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The stock has a 50 day moving average of $254.75 and a 200-day moving average of $248.36.

Invesco NASDAQ 100 ETF Increases Dividend

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