Drake & Associates LLC Buys New Shares in Invesco NASDAQ 100 ETF $QQQM

Posted by James Quigley on Oct 7th, 2025

Drake & Associates LLC purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 47,793 shares of the company’s stock, valued at approximately $10,854,000. Invesco NASDAQ 100 ETF comprises approximately 2.7% of Drake & Associates LLC’s investment portfolio, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQM. Union Bancaire Privee UBP SA bought a new stake in Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $25,000. Westwind Capital purchased a new position in shares of Invesco NASDAQ 100 ETF during the first quarter worth approximately $27,000. Pflug Koory LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $32,000. NorthRock Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at $28,000. Finally, Crews Bank & Trust grew its holdings in shares of Invesco NASDAQ 100 ETF by 328.6% during the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.7%

Shares of NASDAQ:QQQM opened at $250.17 on Tuesday. The stock has a market cap of $64.19 billion, a PE ratio of 31.95 and a beta of 1.18. The company’s fifty day moving average is $239.03 and its 200 day moving average is $219.60. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $250.85.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a $0.3025 dividend. This represents a $1.21 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, September 22nd.

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.