SVB Wealth LLC Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

SVB Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 32,353 shares of the company’s stock, valued at approximately $5,453,000.

Other large investors also recently added to or reduced their stakes in the company. Next Capital Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 3.6% during the fourth quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock worth $304,000 after buying an additional 62 shares in the last quarter. Emerald Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 1.7% during the fourth quarter. Emerald Advisors LLC now owns 5,955 shares of the company’s stock worth $1,004,000 after buying an additional 98 shares in the last quarter. Koshinski Asset Management Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 2.6% during the third quarter. Koshinski Asset Management Inc. now owns 3,953 shares of the company’s stock worth $583,000 after buying an additional 99 shares in the last quarter. West Michigan Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 3.0% during the third quarter. West Michigan Advisors LLC now owns 3,930 shares of the company’s stock worth $579,000 after buying an additional 113 shares in the last quarter. Finally, PFG Advisors grew its holdings in shares of Invesco NASDAQ 100 ETF by 0.7% during the third quarter. PFG Advisors now owns 15,686 shares of the company’s stock worth $2,312,000 after buying an additional 114 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.0 %

Invesco NASDAQ 100 ETF stock opened at $177.37 on Wednesday. Invesco NASDAQ 100 ETF has a 52-week low of $127.47 and a 52-week high of $184.88. The firm has a market capitalization of $22.58 billion, a price-to-earnings ratio of 35.17 and a beta of 1.28. The company has a fifty day simple moving average of $180.42 and a 200-day simple moving average of $167.60.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.3454 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend was Monday, March 18th.

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.