Whelan Financial Raises Holdings in Invesco NASDAQ 100 ETF $QQQM

Whelan Financial increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 213,128 shares of the company’s stock after purchasing an additional 2,327 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 15.7% of Whelan Financial’s portfolio, making the stock its 2nd biggest holding. Whelan Financial’s holdings in Invesco NASDAQ 100 ETF were worth $50,644,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Invesco NASDAQ 100 ETF by 3,234.6% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock worth $783,561,000 after buying an additional 3,005,140 shares in the last quarter. Principia Wealth Advisory LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 1,615.9% in the fourth quarter. Principia Wealth Advisory LLC now owns 954,798 shares of the company’s stock valued at $241,488,000 after acquiring an additional 899,154 shares in the last quarter. Bouchey Financial Group Ltd increased its stake in shares of Invesco NASDAQ 100 ETF by 68,507.2% during the fourth quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock valued at $148,708,000 after acquiring an additional 587,107 shares during the period. Royal Bank of Canada increased its stake in shares of Invesco NASDAQ 100 ETF by 62.9% during the fourth quarter. Royal Bank of Canada now owns 1,286,802 shares of the company’s stock valued at $325,458,000 after acquiring an additional 497,004 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Invesco NASDAQ 100 ETF by 4.2% during the fourth quarter. Invesco Ltd. now owns 11,653,647 shares of the company’s stock valued at $2,947,440,000 after acquiring an additional 468,626 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $298.61 on Thursday. The company has a market capitalization of $99.90 billion, a PE ratio of 31.95 and a beta of 1.22. The stock’s fifty day moving average is $292.28 and its 200-day moving average is $265.58. Invesco NASDAQ 100 ETF has a one year low of $224.80 and a one year high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.3522 dividend. 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.