Invesco NASDAQ 100 ETF $QQQM is Trademark Financial Management LLC’s 5th Largest Position

Trademark Financial Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 114.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,647 shares of the company’s stock after acquiring an additional 20,646 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 4.5% of Trademark Financial Management LLC’s portfolio, making the stock its 5th biggest holding. Trademark Financial Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $9,183,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in QQQM. Garner Asset Management Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $25,000. Imprint Wealth LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth $31,000. SJS Investment Consulting Inc. bought a new stake in Invesco NASDAQ 100 ETF in the first quarter worth $40,000. Osbon Capital Management LLC bought a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth $41,000. Finally, Bank & Trust Co purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Trading Down 1.7%

Shares of NASDAQ:QQQM opened at $293.42 on Friday. The stock’s 50-day moving average price is $292.84 and its 200-day moving average price is $265.87. Invesco NASDAQ 100 ETF has a 12-month low of $226.25 and a 12-month high of $308.21. The stock has a market capitalization of $98.16 billion, a P/E ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.3522 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.41 annualized dividend 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.