Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Faithward Advisors LLC

Faithward Advisors LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 19.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 17,883 shares of the company’s stock after acquiring an additional 2,930 shares during the period. Faithward Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,419,000 at the end of the most recent reporting period.

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

Invesco NASDAQ 100 ETF Stock Up 0.5%

NASDAQ QQQM opened at $248.45 on Wednesday. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23. The business has a 50 day moving average price of $252.18 and a two-hundred day moving average price of $250.86. The stock has a market cap of $71.27 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.323 per share. The ex-dividend date of this dividend was Monday, December 22nd. 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%.

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.