JGP Wealth Management LLC Has $6.66 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

JGP Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,974 shares of the company’s stock after purchasing an additional 2,551 shares during the quarter. JGP Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,658,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quad Cities Investment Group LLC boosted its stake in Invesco NASDAQ 100 ETF by 26.5% in the 2nd quarter. Quad Cities Investment Group LLC now owns 3,503 shares of the company’s stock valued at $1,061,000 after purchasing an additional 733 shares during the period. Dynamic Advisor Solutions LLC increased its position in Invesco NASDAQ 100 ETF by 2.3% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 18,693 shares of the company’s stock worth $5,663,000 after buying an additional 427 shares during the period. FOCUS Wealth Advisors LLC bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth $6,506,000. GK Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth $3,769,000. Finally, Central Pacific Bank Trust Division boosted its position in shares of Invesco NASDAQ 100 ETF by 65.2% in the second quarter. Central Pacific Bank Trust Division now owns 45,590 shares of the company’s stock valued at $13,812,000 after acquiring an additional 17,992 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $295.35 on Thursday. The company’s 50-day simple moving average is $294.29 and its 200 day simple moving average is $271.74. Invesco NASDAQ 100 ETF has a 52 week low of $228.75 and a 52 week high of $308.21. The company has a market capitalization of $101.38 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.