Invesco NASDAQ 100 ETF $QQQM Holdings Lifted by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 31.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,958 shares of the company’s stock after purchasing an additional 2,614 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,320,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Bison Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $393,000. Capstone Wealth Management Group LLC increased its position in Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares during the period. Goldman Sachs Group Inc. increased its position in Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after acquiring an additional 819 shares during the period. Empowered Funds LLC bought a new stake in Invesco NASDAQ 100 ETF during the 1st quarter valued at $742,000. Finally, Franklin Resources Inc. raised its stake in Invesco NASDAQ 100 ETF by 365.9% during the 2nd quarter. Franklin Resources Inc. now owns 424 shares of the company’s stock valued at $96,000 after acquiring an additional 333 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $297.70 on Monday. Invesco NASDAQ 100 ETF has a 1 year low of $228.75 and a 1 year high of $308.21. The firm has a market capitalization of $102.19 billion, a PE ratio of 31.95 and a beta of 1.23. The stock has a fifty day moving average of $294.00 and a two-hundred day moving average of $272.31.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.