Motiv8 Investments LLC Boosts Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Motiv8 Investments LLC grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,679 shares of the company’s stock after buying an additional 779 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 1.3% of Motiv8 Investments LLC’s investment portfolio, making the stock its 19th largest holding. Motiv8 Investments LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,198,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bison Wealth LLC purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $393,000. LexAurum Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 5.5% in the first quarter. LexAurum Advisors LLC now owns 8,403 shares of the company’s stock worth $1,622,000 after purchasing an additional 439 shares during the period. Patriot Financial Group Insurance Agency LLC raised its position in shares of Invesco NASDAQ 100 ETF by 613.7% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 12,661 shares of the company’s stock worth $2,444,000 after buying an additional 10,887 shares in the last quarter. Miracle Mile Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the first quarter valued at $281,000. Finally, Flagship Private Wealth LLC grew its position in Invesco NASDAQ 100 ETF by 10.5% during the first quarter. Flagship Private Wealth LLC now owns 7,003 shares of the company’s stock worth $1,352,000 after buying an additional 664 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.4%

Shares of QQQM opened at $248.32 on Monday. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $249.99. The company has a market cap of $63.69 billion, a PE ratio of 31.95 and a beta of 1.18. The stock has a 50-day moving average price of $238.71 and a 200-day moving average price of $219.24.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a $0.3025 dividend. The ex-dividend date of this dividend 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 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.