AE Wealth Management LLC Buys 8,163 Shares of Invesco NASDAQ 100 ETF $QQQM

AE Wealth Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 69.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,849 shares of the company’s stock after acquiring an additional 8,163 shares during the period. AE Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,020,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Jackson Hole Capital Partners LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $25,000. Wolff Wiese Magana LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $26,000. New Millennium Group LLC raised its stake in Invesco NASDAQ 100 ETF by 671.4% during the 3rd 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 period. Trust Co. of Toledo NA OH bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $28,000. Finally, Abich Financial Wealth Management LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $267.13 on Monday. Invesco NASDAQ 100 ETF has a 12 month low of $176.19 and a 12 month high of $267.62. The company’s 50 day moving average is $247.74 and its two-hundred day moving average is $251.47. The stock has a market cap of $78.65 billion, a price-to-earnings ratio of 31.95 and a beta of 1.19.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.