World Investment Advisors Purchases 6,420 Shares of Invesco NASDAQ 100 ETF $QQQM

World Investment Advisors lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 86,207 shares of the company’s stock after buying an additional 6,420 shares during the period. World Investment Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $21,803,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. grew its stake in Invesco NASDAQ 100 ETF by 1,473.2% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,695 shares of the company’s stock valued at $1,407,000 after purchasing an additional 5,333 shares during the last quarter. Bright Futures Wealth Management LLC. acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $617,000. Evolution Wealth Management Inc. raised its position in Invesco NASDAQ 100 ETF by 51,972.7% during the 3rd quarter. Evolution Wealth Management Inc. now owns 5,728 shares of the company’s stock worth $1,416,000 after buying an additional 5,717 shares during the last quarter. Boyum Wealth Architects LLC lifted its stake in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. Boyum Wealth Architects LLC now owns 22,813 shares of the company’s stock valued at $5,638,000 after acquiring an additional 2,523 shares during the period. Finally, Brookstone Capital Management boosted its holdings in shares of Invesco NASDAQ 100 ETF by 49.7% in the 3rd quarter. Brookstone Capital Management now owns 75,006 shares of the company’s stock valued at $18,535,000 after acquiring an additional 24,904 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $229.87 on Tuesday. The company’s fifty day moving average price is $249.02 and its 200-day moving average price is $250.99. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23. The firm has a market capitalization of $65.94 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.3277 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.31 annualized dividend and a yield of 0.6%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.