Journey Strategic Wealth LLC Raises Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Journey Strategic Wealth LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,430 shares of the company’s stock after buying an additional 2,914 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 0.5% of Journey Strategic Wealth LLC’s holdings, making the stock its 18th biggest holding. Journey Strategic Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $17,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Jackson Hole Capital Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $25,000. Wolff Wiese Magana LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $26,000. New Millennium Group LLC raised its position in Invesco NASDAQ 100 ETF by 671.4% in the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares during the period. Trust Co. of Toledo NA OH purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $28,000. Finally, Abich Financial Wealth Management LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth $31,000.

Invesco NASDAQ 100 ETF Stock Down 0.3%

QQQM opened at $250.06 on Monday. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23. The business has a fifty day simple moving average of $253.73 and a 200-day simple moving average of $249.76. The firm has a market cap of $71.73 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a dividend of $0.323 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 22nd. This represents a $1.29 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.