Invesco NASDAQ 100 ETF $QQQM Position Raised by AAF Wealth Management LLC

AAF Wealth Management LLC grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,603 shares of the company’s stock after purchasing an additional 11,415 shares during the period. Invesco NASDAQ 100 ETF makes up about 11.0% of AAF Wealth Management LLC’s holdings, making the stock its 4th biggest position. AAF Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $24,367,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Jackson Hole Capital Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter worth $25,000. Wolff Wiese Magana LLC bought a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth about $26,000. New Millennium Group LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% in the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $28,000. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $31,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $253.83 on Thursday. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23. The firm has a market cap of $72.81 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The firm has a 50 day moving average price of $253.81 and a 200-day moving average price of $249.50.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $0.323 dividend. This is a positive change 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%. The ex-dividend date 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.