Legacy Wealth Managment LLC ID Has $2.16 Million Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Legacy Wealth Managment LLC ID lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2,146.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 9,075 shares of the company’s stock after acquiring an additional 8,671 shares during the period. Invesco NASDAQ 100 ETF makes up about 1.1% of Legacy Wealth Managment LLC ID’s investment portfolio, making the stock its 15th biggest position. Legacy Wealth Managment LLC ID’s holdings in Invesco NASDAQ 100 ETF were worth $2,156,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in QQQM. Garner Asset Management Corp acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth about $25,000. Imprint Wealth LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. Osbon Capital Management LLC acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $41,000. SJS Investment Consulting Inc. acquired a new stake in Invesco NASDAQ 100 ETF during the first quarter valued at approximately $40,000. Finally, Bank & Trust Co acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $46,000.

Invesco NASDAQ 100 ETF Trading Up 0.1%

QQQM stock opened at $286.58 on Tuesday. Invesco NASDAQ 100 ETF has a 1-year low of $227.00 and a 1-year high of $308.21. The business’s 50 day moving average is $296.41 and its 200-day moving average is $269.21. The firm has a market cap of $96.75 billion, a P/E ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 22nd.

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.