Apexium Financial LP Purchases 4,495 Shares of Invesco NASDAQ 100 ETF $QQQM

Apexium Financial LP increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,004 shares of the company’s stock after purchasing an additional 4,495 shares during the period. Invesco NASDAQ 100 ETF accounts for 0.9% of Apexium Financial LP’s holdings, making the stock its 16th biggest holding. Apexium Financial LP’s holdings in Invesco NASDAQ 100 ETF were worth $19,276,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Camelot Portfolios LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at $212,000. Financial Engines Advisors L.L.C. increased its position in shares of Invesco NASDAQ 100 ETF by 1,214.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 16,685 shares of the company’s stock worth $4,123,000 after acquiring an additional 15,416 shares during the period. Kestra Private Wealth Services LLC increased its position in shares of Invesco NASDAQ 100 ETF by 12.7% during the third quarter. Kestra Private Wealth Services LLC now owns 78,671 shares of the company’s stock worth $19,441,000 after acquiring an additional 8,847 shares during the period. SHUTTLEWORTH & Co bought a new position in Invesco NASDAQ 100 ETF in the third quarter worth approximately $3,205,000. Finally, Blue Chip Partners LLC grew its stake in Invesco NASDAQ 100 ETF by 19.7% in the third quarter. Blue Chip Partners LLC now owns 1,787 shares of the company’s stock worth $442,000 after purchasing an additional 294 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.5%

Shares of NASDAQ QQQM opened at $248.45 on Wednesday. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $262.23. The firm has a market cap of $71.27 billion, a PE ratio of 31.95 and a beta of 1.16. The business has a fifty day simple moving average of $252.18 and a two-hundred day simple moving average of $250.86.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.