Invesco NASDAQ 100 ETF $QQQM Holdings Raised by HBW Advisory Services LLC

HBW Advisory Services LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 33,375 shares of the company’s stock after acquiring an additional 4,062 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 0.9% of HBW Advisory Services LLC’s investment portfolio, making the stock its 22nd biggest position. HBW Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,248,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at $393,000. Capstone Wealth Management Group LLC boosted 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 valued at $7,129,000 after buying an additional 3,220 shares during the period. Russell Investments Group Ltd. grew its position in shares of Invesco NASDAQ 100 ETF by 88.5% during the 1st quarter. Russell Investments Group Ltd. now owns 394 shares of the company’s stock valued at $76,000 after buying an additional 185 shares during the last quarter. Comerica Bank raised its stake in Invesco NASDAQ 100 ETF by 18.4% during the first quarter. Comerica Bank now owns 10,566 shares of the company’s stock worth $2,039,000 after acquiring an additional 1,642 shares during the period. Finally, CreativeOne Wealth LLC lifted its holdings in Invesco NASDAQ 100 ETF by 124.2% in the first quarter. CreativeOne Wealth LLC now owns 11,137 shares of the company’s stock worth $2,150,000 after acquiring an additional 6,170 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.0%

Shares of QQQM stock opened at $256.88 on Friday. The company has a market cap of $67.28 billion, a P/E ratio of 31.95 and a beta of 1.16. The business has a 50 day moving average of $253.71 and a two-hundred day moving average of $241.47. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.323 per share. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, December 22nd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.