First Heartland Consultants Inc. Acquires 5,124 Shares of Invesco NASDAQ 100 ETF $QQQM

First Heartland Consultants Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,341 shares of the company’s stock after acquiring an additional 5,124 shares during the quarter. First Heartland Consultants Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $7,421,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Cypress Wealth Services LLC boosted its position in Invesco NASDAQ 100 ETF by 3.4% during the third quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock worth $307,000 after purchasing an additional 41 shares during the period. Base Wealth Management LLC raised its position in shares of Invesco NASDAQ 100 ETF by 3.9% in the third quarter. Base Wealth Management LLC now owns 1,157 shares of the company’s stock valued at $286,000 after purchasing an additional 43 shares during the period. Twin Peaks Wealth Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 0.7% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock valued at $1,429,000 after purchasing an additional 43 shares during the period. Modera Wealth Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.2% during the 3rd quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock worth $969,000 after buying an additional 46 shares during the last quarter. Finally, Sand Hill Global Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 4.3% during the 2nd quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock worth $263,000 after buying an additional 48 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $242.07 on Tuesday. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23. The company has a market capitalization of $69.44 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The company has a 50-day simple moving average of $251.03 and a 200 day simple moving average of $251.08.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 23rd will be given a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date is Monday, March 23rd.

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.