Whitaker Myers Wealth Managers LTD. Acquires 4,574 Shares of Invesco NASDAQ 100 ETF $QQQM

Whitaker Myers Wealth Managers LTD. grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.9% in the second quarter, Holdings Channel reports. The institutional investor owned 123,304 shares of the company’s stock after purchasing an additional 4,574 shares during the period. Invesco NASDAQ 100 ETF makes up 6.2% of Whitaker Myers Wealth Managers LTD.’s holdings, making the stock its 3rd biggest holding. Whitaker Myers Wealth Managers LTD.’s holdings in Invesco NASDAQ 100 ETF were worth $37,358,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Invesco NASDAQ 100 ETF by 3,234.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after acquiring an additional 3,005,140 shares during the last quarter. Principia Wealth Advisory LLC lifted its stake in Invesco NASDAQ 100 ETF by 1,615.9% during the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock worth $241,488,000 after purchasing an additional 899,154 shares during the last quarter. Meitav Investment House Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 25.3% during the first 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 during the last quarter. Royal Bank of Canada lifted its stake in Invesco NASDAQ 100 ETF by 62.9% during the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock worth $325,458,000 after purchasing an additional 497,004 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 4.2% in the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after purchasing an additional 468,626 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.2%

Shares of QQQM opened at $297.70 on Friday. The company has a market capitalization of $102.19 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $308.21. The stock has a 50 day moving average price of $294.00 and a 200 day moving average price of $272.19.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.