Diversify Wealth Management LLC Has $2.87 Million Position in Invesco NASDAQ 100 ETF $QQQM

Diversify Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 765.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,076 shares of the company’s stock after buying an additional 10,680 shares during the period. Diversify Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,869,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Garner Asset Management Corp acquired a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $25,000. Imprint Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $31,000. SJS Investment Consulting Inc. acquired a new stake in Invesco NASDAQ 100 ETF during the 1st quarter valued at approximately $40,000. Osbon Capital Management LLC bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $41,000. Finally, Bank & Trust Co bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $293.19 on Tuesday. The company has a market capitalization of $98.29 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 52-week low of $227.00 and a 52-week high of $308.21. The company’s 50 day moving average price is $296.10 and its 200-day moving average price is $267.98.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend 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.