Warner Group LLC Has $4.88 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Warner Group LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,529 shares of the company’s stock after purchasing an additional 2,188 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 3.2% of Warner Group LLC’s investment portfolio, making the stock its 10th biggest holding. Warner Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,878,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in QQQM. Axxcess Wealth Management LLC increased its position in Invesco NASDAQ 100 ETF by 2.0% in the 1st quarter. Axxcess Wealth Management LLC now owns 141,616 shares of the company’s stock valued at $33,651,000 after acquiring an additional 2,742 shares during the period. Cvfg LLC boosted its position in Invesco NASDAQ 100 ETF by 497.6% during the 1st quarter. Cvfg LLC now owns 119,217 shares of the company’s stock worth $28,328,000 after acquiring an additional 99,268 shares during the period. Renasant Bank acquired a new position in Invesco NASDAQ 100 ETF during the 1st quarter worth $1,199,000. Meitav Investment House Ltd. grew its stake in shares of Invesco NASDAQ 100 ETF by 25.3% in the first quarter. Meitav Investment House Ltd. now owns 2,576,146 shares of the company’s stock worth $612,143,000 after purchasing an additional 520,102 shares in the last quarter. Finally, Clare Market Investments LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the first quarter worth $726,000.

Invesco NASDAQ 100 ETF Stock Down 1.8%

Shares of NASDAQ QQQM opened at $292.14 on Wednesday. Invesco NASDAQ 100 ETF has a fifty-two week low of $226.88 and a fifty-two week high of $308.21. The firm’s 50-day simple moving average is $294.28 and its 200 day simple moving average is $266.80. The stock has a market cap of $97.61 billion, a P/E ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

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 dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

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.