Invesco NASDAQ 100 ETF $QQQM Shares Bought by Fusion Family Wealth LLC

Fusion Family Wealth LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 159,278 shares of the company’s stock after acquiring an additional 6,913 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 2.8% of Fusion Family Wealth LLC’s portfolio, making the stock its 13th largest holding. Fusion Family Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $37,848,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Invesco NASDAQ 100 ETF by 3,234.6% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after purchasing an additional 3,005,140 shares during the period. Principia Wealth Advisory LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1,615.9% in the 4th quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after purchasing an additional 899,154 shares during the period. Bouchey Financial Group Ltd increased its stake in Invesco NASDAQ 100 ETF by 68,507.2% in the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock worth $148,708,000 after purchasing an additional 587,107 shares in the last quarter. Meitav Investment House Ltd. increased its stake in Invesco NASDAQ 100 ETF by 25.3% in the 1st quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after purchasing an additional 520,102 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in Invesco NASDAQ 100 ETF by 62.9% during the 4th quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after buying an additional 497,004 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 1.1%

QQQM stock opened at $296.31 on Wednesday. Invesco NASDAQ 100 ETF has a one year low of $227.00 and a one year high of $308.21. The firm has a market capitalization of $99.78 billion, a PE ratio of 31.95 and a beta of 1.22. The firm has a 50-day moving average of $296.41 and a two-hundred day moving average of $268.26.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.3522 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.41 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.