Kestra Private Wealth Services LLC Buys 6,698 Shares of Invesco NASDAQ 100 ETF $QQQM

Kestra Private Wealth Services LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 90,068 shares of the company’s stock after purchasing an additional 6,698 shares during the period. Kestra Private Wealth Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $21,402,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Financial Enhancement Group LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 12.9% in the first quarter. Financial Enhancement Group LLC now owns 43,305 shares of the company’s stock valued at $10,290,000 after purchasing an additional 4,947 shares in the last quarter. Ritholtz Wealth Management boosted its position in shares of Invesco NASDAQ 100 ETF by 54.1% during the first quarter. Ritholtz Wealth Management now owns 4,476 shares of the company’s stock worth $1,064,000 after buying an additional 1,572 shares during the period. Global Financial Private Client LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 3.9% during the first quarter. Global Financial Private Client LLC now owns 8,014 shares of the company’s stock worth $1,904,000 after buying an additional 304 shares in the last quarter. Echo45 Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 2.8% during the first quarter. Echo45 Advisors LLC now owns 29,946 shares of the company’s stock worth $7,116,000 after buying an additional 808 shares in the last quarter. Finally, Strategent Financial LLC raised its position in Invesco NASDAQ 100 ETF by 6.4% in the 1st quarter. Strategent Financial LLC now owns 46,273 shares of the company’s stock valued at $10,995,000 after buying an additional 2,770 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $292.05 on Thursday. The stock has a market capitalization of $87.67 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The stock’s 50 day moving average price is $288.94 and its two-hundred day moving average price is $264.19. Invesco NASDAQ 100 ETF has a 52 week low of $222.07 and a 52 week high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be paid a dividend of $0.3522 per share. This represents a $1.41 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, June 22nd.

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.