Invesco NASDAQ 100 ETF $QQQM Stock Position Raised by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 31.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,958 shares of the company’s stock after acquiring an additional 2,614 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,320,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Worth Asset Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 482.4% during the second quarter. Worth Asset Management LLC now owns 54,410 shares of the company’s stock valued at $16,485,000 after purchasing an additional 45,067 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 3.6% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,213 shares of the company’s stock worth $368,000 after purchasing an additional 42 shares during the period. First Heartland Consultants Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 9.3% in the 2nd quarter. First Heartland Consultants Inc. now owns 25,461 shares of the company’s stock worth $7,714,000 after purchasing an additional 2,160 shares during the last quarter. Teamwork Financial Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $212,000. Finally, Cooper Financial Group lifted its holdings in shares of Invesco NASDAQ 100 ETF by 1,417.5% in the 2nd quarter. Cooper Financial Group now owns 27,695 shares of the company’s stock worth $8,391,000 after purchasing an additional 25,870 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $297.70 on Monday. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $308.21. The firm has a market capitalization of $102.19 billion, a P/E ratio of 31.95 and a beta of 1.23. The business has a 50 day simple moving average of $294.00 and a 200 day simple moving average of $272.31.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.