Kellett Wealth Advisors LLC Buys 1,741 Shares of Invesco NASDAQ 100 ETF $QQQM

Kellett Wealth Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 79.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,929 shares of the company’s stock after acquiring an additional 1,741 shares during the period. Kellett Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $934,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Bison Wealth LLC purchased a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $393,000. Capstone Wealth Management Group LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares during the period. Goldman Sachs Group Inc. raised its position in Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $742,000. Finally, Valeo Financial Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth $534,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $298.72 on Monday. Invesco NASDAQ 100 ETF has a one year low of $227.00 and a one year high of $308.21. The firm has a market cap of $100.14 billion, a PE ratio of 31.95 and a beta of 1.22. The firm’s 50 day simple moving average is $295.73 and its 200-day simple moving average is $267.72.

Invesco NASDAQ 100 ETF Announces Dividend

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

About Invesco NASDAQ 100 ETF

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.