Compass Advisory Group LLC Decreases Holdings in Invesco NASDAQ 100 ETF $QQQM

Compass Advisory Group LLC decreased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 45.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,211 shares of the company’s stock after selling 2,674 shares during the quarter. Compass Advisory Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Invesco Ltd. boosted its holdings in Invesco NASDAQ 100 ETF by 18.8% during the 2nd quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after acquiring an additional 1,715,025 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 2.0% in the second quarter. Envestnet Asset Management Inc. now owns 7,601,275 shares of the company’s stock worth $1,726,216,000 after purchasing an additional 152,512 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Invesco NASDAQ 100 ETF by 73.1% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock worth $876,757,000 after purchasing an additional 1,630,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco NASDAQ 100 ETF by 14.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,366,746 shares of the company’s stock worth $764,588,000 after buying an additional 433,686 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in Invesco NASDAQ 100 ETF by 25.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,285,296 shares of the company’s stock valued at $560,746,000 after buying an additional 469,957 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2%

Shares of Invesco NASDAQ 100 ETF stock opened at $247.83 on Friday. The company’s fifty day simple moving average is $254.56 and its two-hundred day simple moving average is $248.46. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The firm has a market cap of $71.09 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a dividend of $0.323 per share. The ex-dividend date was Monday, December 22nd. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.