Invesco NASDAQ 100 ETF $QQQM is Global Wealth Strategies & Associates’ 3rd Largest Position

Global Wealth Strategies & Associates increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 117,650 shares of the company’s stock after purchasing an additional 4,842 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 6.8% of Global Wealth Strategies & Associates’ investment portfolio, making the stock its 3rd largest holding. Global Wealth Strategies & Associates’ holdings in Invesco NASDAQ 100 ETF were worth $35,644,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Garner Asset Management Corp acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $25,000. Imprint Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. SJS Investment Consulting Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter valued at $40,000. Osbon Capital Management LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth $41,000. Finally, Signature Equity Partners LLC boosted its position in Invesco NASDAQ 100 ETF by 19,600.0% during the 1st quarter. Signature Equity Partners LLC now owns 197 shares of the company’s stock worth $47,000 after purchasing an additional 196 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.0%

Shares of NASDAQ QQQM opened at $283.41 on Monday. Invesco NASDAQ 100 ETF has a 12-month low of $227.00 and a 12-month high of $308.21. The company has a market cap of $97.11 billion, a P/E ratio of 31.95 and a beta of 1.22. The stock has a fifty day moving average price of $294.59 and a 200 day moving average price of $270.95.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced 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 dividend on an annualized basis 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.