Bogart Wealth LLC Increases Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Bogart Wealth LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 803.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 138,357 shares of the company’s stock after buying an additional 123,048 shares during the period. Invesco NASDAQ 100 ETF accounts for 1.3% of Bogart Wealth LLC’s investment portfolio, making the stock its 19th largest position. Bogart Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $27,789,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $27,000. Massmutual Trust Co. FSB ADV acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $29,000. Triad Wealth Partners LLC acquired a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $30,000. GAMMA Investing LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at approximately $36,000. Finally, Rothschild Investment LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $36,000.

Invesco NASDAQ 100 ETF Price Performance

QQQM traded up $0.96 during trading hours on Thursday, reaching $201.98. The company’s stock had a trading volume of 1,031,534 shares, compared to its average volume of 1,833,677. The business’s 50-day moving average is $197.45 and its 200-day moving average is $191.83. The stock has a market cap of $34.56 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $140.84 and a fifty-two week high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis 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.