Gaddis Premier Wealth Advisors LLC Takes $881,000 Position in Invesco NASDAQ 100 ETF $QQQM

Gaddis Premier Wealth Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,483 shares of the company’s stock, valued at approximately $881,000.

Other large investors have also made changes to their positions in the company. Garner Asset Management Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $25,000. New Millennium Group LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% in the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares during the last quarter. Imprint Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $31,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $31,000. Finally, Bank & Trust Co purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth $46,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $294.81 on Tuesday. The company’s fifty day moving average price is $275.73 and its 200 day moving average price is $260.26. Invesco NASDAQ 100 ETF has a 1 year low of $215.55 and a 1 year high of $308.21. The company has a market capitalization of $88.50 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.3277 per share. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Monday, March 23rd.

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.