Wilian Securities LLC Makes New Investment in Invesco NASDAQ 100 ETF $QQQM

Wilian Securities LLC purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,104 shares of the company’s stock, valued at approximately $785,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avaii Wealth Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 2.8% during the 4th quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock worth $370,000 after acquiring an additional 40 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 0.7% during the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock worth $1,429,000 after acquiring an additional 43 shares in the last quarter. Archer Investment Corp grew its holdings in Invesco NASDAQ 100 ETF by 2.0% during the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock worth $580,000 after acquiring an additional 44 shares in the last quarter. Modera Wealth Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 1.2% during the 3rd quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock worth $969,000 after acquiring an additional 46 shares in the last quarter. Finally, Foresight Capital Management Advisors Inc. grew its holdings in Invesco NASDAQ 100 ETF by 4.6% during the 4th quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock worth $270,000 after acquiring an additional 47 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2%

NASDAQ QQQM opened at $294.21 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $208.18 and a 52 week high of $297.29. The stock has a market capitalization of $88.32 billion, a PE ratio of 31.95 and a beta of 1.21. The firm has a 50 day moving average of $262.11 and a two-hundred day moving average of $256.25.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.3277 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, March 23rd. This represents a $1.31 annualized dividend and a yield of 0.4%.

About Invesco NASDAQ 100 ETF

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.