Invesco NASDAQ 100 ETF $QQQM Stake Lifted by Compass Financial Services Inc

Compass Financial Services Inc lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,912 shares of the company’s stock after acquiring an additional 1,920 shares during the period. Invesco NASDAQ 100 ETF accounts for about 6.3% of Compass Financial Services Inc’s investment portfolio, making the stock its 5th largest holding. Compass Financial Services Inc’s holdings in Invesco NASDAQ 100 ETF were worth $14,647,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Investment Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 83.3% in the fourth quarter. Anchor Investment Management LLC now owns 77,109 shares of the company’s stock worth $19,502,000 after purchasing an additional 35,037 shares in the last quarter. TD Capital Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 4.8% during the 4th quarter. TD Capital Management LLC now owns 10,933 shares of the company’s stock valued at $2,765,000 after buying an additional 499 shares in the last quarter. Tempo Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $6,404,000. MidFirst Bank purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $248,000. Finally, Barnes Wealth Management Group Inc increased its stake in shares of Invesco NASDAQ 100 ETF by 8.4% in the 4th quarter. Barnes Wealth Management Group Inc now owns 1,994 shares of the company’s stock worth $504,000 after acquiring an additional 155 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $304.52 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $215.55 and a 1 year high of $308.21. The firm has a market cap of $91.41 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The company has a 50-day moving average of $285.18 and a 200 day moving average of $262.99.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, March 23rd.

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.