Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Intrua Financial LLC

Intrua Financial LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 429.6% in the second quarter, Holdings Channel.com reports. The firm owned 9,501 shares of the company’s stock after acquiring an additional 7,707 shares during the quarter. Intrua Financial LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,158,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in QQQM. Mark Sheptoff Financial Planning LLC boosted its stake in Invesco NASDAQ 100 ETF by 30.7% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 217 shares of the company’s stock worth $49,000 after buying an additional 51 shares during the last quarter. Uptick Partners LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 1.4% during the 2nd quarter. Uptick Partners LLC now owns 3,869 shares of the company’s stock worth $879,000 after acquiring an additional 52 shares during the period. Opulen Financial Group LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1.3% during the 1st quarter. Opulen Financial Group LLC now owns 4,777 shares of the company’s stock valued at $922,000 after acquiring an additional 59 shares during the last quarter. Compass Advisory Group LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1.3% during the 1st quarter. Compass Advisory Group LLC now owns 4,800 shares of the company’s stock valued at $927,000 after acquiring an additional 60 shares during the last quarter. Finally, Purus Wealth Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 0.4% in the first quarter. Purus Wealth Management LLC now owns 13,618 shares of the company’s stock valued at $2,629,000 after purchasing an additional 61 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 2.0%

Invesco NASDAQ 100 ETF stock opened at $250.48 on Friday. The company has a 50-day moving average price of $249.15 and a 200 day moving average price of $232.03. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The stock has a market cap of $65.60 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.