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

Gaddis Premier Wealth Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,483 shares of the company’s stock, valued at approximately $881,000.

Several other large investors have also modified their holdings of the business. TIAA Trust National Association raised its holdings in shares of Invesco NASDAQ 100 ETF by 5.4% in the 4th quarter. TIAA Trust National Association now owns 979 shares of the company’s stock valued at $248,000 after purchasing an additional 50 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 20.5% in the 4th quarter. Cerity Partners LLC now owns 492,190 shares of the company’s stock valued at $124,485,000 after purchasing an additional 83,703 shares in the last quarter. Next Capital Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 34.0% in the 4th quarter. Next Capital Management LLC now owns 11,175 shares of the company’s stock valued at $2,826,000 after purchasing an additional 2,837 shares in the last quarter. Omnitrust Wealth Management Inc bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $4,453,000. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 35.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 6,496 shares of the company’s stock worth $1,643,000 after acquiring an additional 1,710 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.5%

NASDAQ QQQM opened at $294.81 on Tuesday. The firm has a market cap of $88.50 billion, a PE ratio of 31.95 and a beta of 1.23. The company has a 50 day moving average price of $275.73 and a 200 day moving average price of $260.26. Invesco NASDAQ 100 ETF has a 52 week low of $215.55 and a 52 week high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.