First Heartland Consultants Inc. Has $7.71 Million Stake in Invesco NASDAQ 100 ETF $QQQM

First Heartland Consultants Inc. raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,461 shares of the company’s stock after acquiring an additional 2,160 shares during the period. First Heartland Consultants Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $7,714,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Garner Asset Management Corp bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $25,000. Imprint Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $31,000. SJS Investment Consulting Inc. bought a new stake in Invesco NASDAQ 100 ETF during the 1st quarter valued at approximately $40,000. Osbon Capital Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $41,000. Finally, Versant Capital Management Inc acquired a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter valued at approximately $41,000.

Invesco NASDAQ 100 ETF Stock Up 1.2%

Shares of NASDAQ QQQM opened at $297.70 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21. The company has a market cap of $102.19 billion, a P/E ratio of 31.95 and a beta of 1.23. The business’s 50 day moving average is $294.00 and its two-hundred day moving average is $272.19.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.3522 dividend. The ex-dividend date was Monday, June 22nd. This represents a $1.41 annualized dividend and a dividend yield of 0.5%.

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.