Canvas Wealth Advisors LLC Purchases 5,185 Shares of Invesco NASDAQ 100 ETF $QQQM

Canvas Wealth Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 252.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,238 shares of the company’s stock after purchasing an additional 5,185 shares during the period. Canvas Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,193,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Ocean Park Asset Management LLC bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $22,942,000. Diversified Management Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $1,012,000. Clarus Wealth Advisors purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $11,189,000. SMI Advisory Services LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 75.3% during the second quarter. SMI Advisory Services LLC now owns 7,608 shares of the company’s stock valued at $2,264,000 after buying an additional 3,267 shares during the period. Finally, Fulton Bank N.A. purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $2,436,000.

Invesco NASDAQ 100 ETF Stock Down 0.3%

Shares of Invesco NASDAQ 100 ETF stock opened at $295.83 on Wednesday. The business has a 50 day moving average of $293.62 and a 200 day moving average of $272.93. 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 cap of $101.55 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.