Centennial Wealth Advisory LLC Acquires 11,580 Shares of Invesco NASDAQ 100 ETF $QQQM

Centennial Wealth Advisory LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 90.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 24,383 shares of the company’s stock after acquiring an additional 11,580 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 1.4% of Centennial Wealth Advisory LLC’s holdings, making the stock its 19th biggest holding. Centennial Wealth Advisory LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,794,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avaii Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF by 2.8% during the fourth 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. Archer Investment Corp boosted its stake in shares of Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after purchasing an additional 44 shares in the last quarter. Jacobi Capital Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock valued at $336,000 after purchasing an additional 44 shares in the last quarter. Foresight Capital Management Advisors Inc. grew its holdings in shares of 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 valued at $270,000 after purchasing an additional 47 shares during the last quarter. Finally, Motiv8 Investments LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 0.5% during the 4th quarter. Motiv8 Investments LLC now owns 9,410 shares of the company’s stock valued at $2,380,000 after purchasing an additional 47 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $293.87 on Wednesday. The company has a 50 day simple moving average of $288.18 and a 200 day simple moving average of $263.94. The stock has a market cap of $88.21 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1 year low of $220.74 and a 1 year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is 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.