Vance Wealth Inc. Buys 391 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Vance Wealth Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 32,061 shares of the company’s stock after buying an additional 391 shares during the period. Invesco NASDAQ 100 ETF makes up 2.4% of Vance Wealth Inc.’s investment portfolio, making the stock its 9th biggest position. Vance Wealth Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $6,439,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of QQQM. Ridgecrest Wealth Partners LLC boosted its stake in Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after buying an additional 60 shares in the last quarter. Cutter & CO Brokerage Inc. raised its position in Invesco NASDAQ 100 ETF by 2.1% in the second quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock valued at $624,000 after purchasing an additional 64 shares during the last quarter. Marble Harbor Investment Counsel LLC raised its position in Invesco NASDAQ 100 ETF by 1.2% in the second quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after purchasing an additional 66 shares during the last quarter. Northstar Group Inc. raised its position in Invesco NASDAQ 100 ETF by 5.4% in the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock valued at $271,000 after purchasing an additional 69 shares during the last quarter. Finally, Zhang Financial LLC raised its position in Invesco NASDAQ 100 ETF by 2.8% in the third quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock valued at $517,000 after purchasing an additional 70 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $205.80 on Tuesday. Invesco NASDAQ 100 ETF has a 1 year low of $157.44 and a 1 year high of $212.19. The company has a market capitalization of $35.07 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business has a 50-day moving average of $201.39 and a 200-day moving average of $195.42.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.30 per share. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.58%.

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.