Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Jackson Wealth Management LLC

Jackson Wealth Management LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,888 shares of the company’s stock after buying an additional 2,186 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 1.9% of Jackson Wealth Management LLC’s holdings, making the stock its 12th biggest holding. Jackson Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $19,194,000 at the end of the most recent quarter.

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

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $240.86 on Friday. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23. The stock’s 50 day moving average is $247.90 and its two-hundred day moving average is $250.85. The company has a market capitalization of $69.44 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

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

About Invesco NASDAQ 100 ETF

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.