World Investment Advisors Raises Position in Invesco NASDAQ 100 ETF $QQQM

World Investment Advisors lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,001 shares of the company’s stock after purchasing an additional 3,794 shares during the quarter. World Investment Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $21,386,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQM. Garner Asset Management Corp purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at about $25,000. Imprint Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. SJS Investment Consulting Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $40,000. Osbon Capital Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $41,000. Finally, Bank & Trust Co acquired a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $293.42 on Friday. The company has a 50 day moving average price of $293.32 and a 200 day moving average price of $266.06. The firm has a market capitalization of $98.16 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 52 week low of $226.25 and a 52 week 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. Stockholders 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 dividend 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.