Miller Wealth Advisors LLC Acquires 19,999 Shares of Invesco NASDAQ 100 ETF $QQQM

Miller Wealth Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1,999,900.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,000 shares of the company’s stock after acquiring an additional 19,999 shares during the period. Miller Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,059,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of QQQM. Bison Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $393,000. Capstone Wealth Management Group LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after buying an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after buying an additional 819 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth $742,000. Finally, Valeo Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF in the second quarter valued at $534,000.

Invesco NASDAQ 100 ETF Trading Up 1.2%

Shares of Invesco NASDAQ 100 ETF stock opened at $301.41 on Friday. The firm has a market capitalization of $103.46 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21. The business’s 50-day moving average price is $293.38 and its 200-day moving average price is $273.55.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF 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.