Maia Wealth LLC Grows Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Maia Wealth LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 56.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 17,067 shares of the company’s stock after purchasing an additional 6,138 shares during the period. Maia Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,221,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of QQQM. Garner Asset Management Corp purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. New Millennium Group LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after buying an additional 94 shares in the last quarter. Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Bank & Trust Co purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $46,000. Finally, Vestwell Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $51,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $297.57 on Thursday. Invesco NASDAQ 100 ETF has a fifty-two week low of $215.55 and a fifty-two week high of $308.21. The firm’s fifty day moving average is $283.94 and its 200 day moving average is $262.64. The stock has a market cap of $89.32 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.