Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Clearstead Trust LLC

Clearstead Trust LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,486 shares of the company’s stock after acquiring an additional 173 shares during the quarter. Clearstead Trust LLC’s holdings in Invesco NASDAQ 100 ETF were worth $250,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of QQQM. Cutter & CO Brokerage Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 9.7% during the fourth quarter. Cutter & CO Brokerage Inc. now owns 2,805 shares of the company’s stock worth $473,000 after purchasing an additional 247 shares during the last quarter. Whitaker Myers Wealth Managers LTD. raised its stake in shares of Invesco NASDAQ 100 ETF by 32.4% during the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 102,113 shares of the company’s stock worth $17,210,000 after purchasing an additional 24,984 shares during the last quarter. IFG Advisory LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 23.7% during the fourth quarter. IFG Advisory LLC now owns 5,011 shares of the company’s stock worth $845,000 after purchasing an additional 961 shares during the last quarter. Next Capital Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 3.6% during the fourth quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock worth $304,000 after purchasing an additional 62 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its stake in shares of Invesco NASDAQ 100 ETF by 158.7% during the fourth quarter. AdvisorNet Financial Inc now owns 21,493 shares of the company’s stock worth $3,622,000 after purchasing an additional 13,184 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 2.0 %

Shares of Invesco NASDAQ 100 ETF stock traded up $3.55 during trading on Friday, reaching $179.20. The company’s stock had a trading volume of 1,944,793 shares, compared to its average volume of 1,832,171. The business has a 50 day moving average price of $179.65 and a 200-day moving average price of $169.89. Invesco NASDAQ 100 ETF has a 12-month low of $129.60 and a 12-month high of $184.88. The company has a market capitalization of $23.24 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a dividend of $0.3454 per share. The ex-dividend date was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.77%.

Invesco NASDAQ 100 ETF Company 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.