Prospera Financial Services Inc Raises Holdings in Invesco NASDAQ 100 ETF $QQQM

Prospera Financial Services Inc grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,469 shares of the company’s stock after buying an additional 3,037 shares during the quarter. Prospera Financial Services Inc’s holdings in Invesco NASDAQ 100 ETF were worth $12,492,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cypress Wealth Services LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 3.4% during the 3rd quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock worth $307,000 after purchasing an additional 41 shares in the last quarter. Base Wealth Management LLC boosted its holdings in Invesco NASDAQ 100 ETF by 3.9% during the third quarter. Base Wealth Management LLC now owns 1,157 shares of the company’s stock worth $286,000 after buying an additional 43 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 0.7% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock worth $1,429,000 after buying an additional 43 shares during the period. Modera Wealth Management LLC increased its holdings in Invesco NASDAQ 100 ETF by 1.2% in the third quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock valued at $969,000 after buying an additional 46 shares in the last quarter. Finally, Sand Hill Global Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 4.3% during the 2nd quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock valued at $263,000 after acquiring an additional 48 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $252.93 on Tuesday. The firm has a market capitalization of $72.55 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The business’s 50 day simple moving average is $255.11 and its 200-day simple moving average is $248.21. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.323 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, December 22nd.

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.