Stephens Consulting LLC Grows Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Stephens Consulting LLC lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,465 shares of the company’s stock after buying an additional 1,953 shares during the period. Invesco NASDAQ 100 ETF makes up 0.9% of Stephens Consulting LLC’s portfolio, making the stock its 18th biggest position. Stephens Consulting LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. CarsonAllaria Wealth Management Ltd. acquired a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth $27,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter worth about $29,000. Triad Wealth Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth about $30,000. GAMMA Investing LLC purchased a new position in Invesco NASDAQ 100 ETF in the second quarter valued at about $36,000. Finally, Rothschild Investment LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $36,000.

Invesco NASDAQ 100 ETF Stock Up 0.7 %

QQQM stock opened at $203.52 on Friday. The stock’s 50 day moving average is $196.60 and its two-hundred day moving average is $191.36. Invesco NASDAQ 100 ETF has a 52-week low of $140.84 and a 52-week high of $207.24. The company has a market capitalization of $34.70 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Monday, September 23rd.

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.