Warner Group LLC Takes Position in Invesco NASDAQ 100 ETF $QQQM

Warner Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 17,356 shares of the company’s stock, valued at approximately $4,289,000. Invesco NASDAQ 100 ETF accounts for about 3.0% of Warner Group LLC’s portfolio, making the stock its 13th largest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bison Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $393,000. Capstone Wealth Management Group LLC grew its position in Invesco NASDAQ 100 ETF by 9.6% during the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after acquiring an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Invesco NASDAQ 100 ETF by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after purchasing an additional 819 shares in the last quarter. Empowered Funds LLC bought a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at $742,000. Finally, Valeo Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at $534,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $247.83 on Friday. The stock’s fifty day moving average is $254.56 and its 200-day moving average is $248.56. The stock has a market capitalization of $71.09 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

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

Invesco NASDAQ 100 ETF 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.