Liberty Atlantic Advisors LLC Acquires New Shares in Invesco NASDAQ 100 ETF $QQQM

Liberty Atlantic Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 2,364 shares of the company’s stock, valued at approximately $598,000. Invesco NASDAQ 100 ETF makes up 0.6% of Liberty Atlantic Advisors LLC’s portfolio, making the stock its 29th biggest position.

Other hedge funds also recently modified their holdings of the company. Jackson Hole Capital Partners LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $25,000. Wolff Wiese Magana LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $26,000. New Millennium Group LLC lifted its holdings in Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after buying an additional 94 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Finally, Imprint Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000.

Invesco NASDAQ 100 ETF Trading Up 1.3%

Shares of QQQM opened at $280.62 on Wednesday. The company has a market capitalization of $84.24 billion, a PE ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a 12 month low of $196.36 and a 12 month high of $281.12. The stock’s 50-day moving average price is $252.12 and its two-hundred day moving average price is $253.09.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.