Invesco NASDAQ 100 ETF $QQQM is Boyum Wealth Architects LLC’s 7th Largest Position

Boyum Wealth Architects LLC grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 37.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 31,305 shares of the company’s stock after buying an additional 8,492 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 3.8% of Boyum Wealth Architects LLC’s portfolio, making the stock its 7th largest position. Boyum Wealth Architects LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,027,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Jackson Hole Capital Partners LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $25,000. Wolff Wiese Magana LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $26,000. New Millennium Group LLC boosted its position in Invesco NASDAQ 100 ETF by 671.4% during the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after acquiring an additional 94 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $28,000. Finally, Abich Financial Wealth Management LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000.

Invesco NASDAQ 100 ETF Stock Up 1.3%

NASDAQ:QQQM opened at $267.13 on Friday. The firm’s 50 day moving average is $247.74 and its two-hundred day moving average is $251.42. Invesco NASDAQ 100 ETF has a fifty-two week low of $176.19 and a fifty-two week high of $267.62. The company has a market cap of $78.48 billion, a P/E ratio of 31.95 and a beta of 1.19.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.3277 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.