21,473 Shares in Invesco NASDAQ 100 ETF $QQQM Purchased by FOCUS Wealth Advisors LLC

FOCUS Wealth Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 21,473 shares of the company’s stock, valued at approximately $6,506,000. Invesco NASDAQ 100 ETF comprises approximately 3.0% of FOCUS Wealth Advisors LLC’s holdings, making the stock its 10th biggest holding.

A number of other institutional investors have also made changes to their positions in QQQM. Florida Financial Advisors LLC increased its position in shares of Invesco NASDAQ 100 ETF by 71.0% in the 1st quarter. Florida Financial Advisors LLC now owns 17,461 shares of the company’s stock valued at $4,150,000 after purchasing an additional 7,252 shares during the last quarter. Nicholas Wealth LLC. acquired a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth $1,164,000. Bank of New York Mellon Corp increased its holdings in Invesco NASDAQ 100 ETF by 8.1% in the fourth quarter. Bank of New York Mellon Corp now owns 835,930 shares of the company’s stock valued at $211,423,000 after buying an additional 62,705 shares during the last quarter. Galvin Gaustad & Stein LLC increased its holdings in Invesco NASDAQ 100 ETF by 1,046.7% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 50,843 shares of the company’s stock valued at $12,859,000 after buying an additional 46,409 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in Invesco NASDAQ 100 ETF by 34.7% in the fourth quarter. Farther Finance Advisors LLC now owns 85,731 shares of the company’s stock valued at $21,683,000 after buying an additional 22,077 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $295.35 on Thursday. The stock has a market cap of $101.38 billion, a PE ratio of 31.95 and a beta of 1.23. The stock’s fifty day moving average is $294.29 and its two-hundred day moving average is $271.74. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 dividend on an annualized basis and a 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.