Invesco NASDAQ 100 ETF $QQQM is Sax Wealth Advisors LLC’s 3rd Largest Position

Posted by Stanley Muller on Oct 8th, 2025

Sax Wealth Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 369,827 shares of the company’s stock after purchasing an additional 7,585 shares during the quarter. Invesco NASDAQ 100 ETF makes up 5.1% of Sax Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Sax Wealth Advisors LLC owned approximately 0.16% of Invesco NASDAQ 100 ETF worth $83,988,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Union Bancaire Privee UBP SA purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $25,000. Westwind Capital purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $27,000. Pflug Koory LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth about $32,000. NorthRock Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $28,000. Finally, Crews Bank & Trust grew its position in shares of Invesco NASDAQ 100 ETF by 328.6% during the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock worth $29,000 after purchasing an additional 115 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.5%

NASDAQ:QQQM opened at $248.85 on Wednesday. The stock has a market capitalization of $63.85 billion, a P/E ratio of 31.95 and a beta of 1.18. The stock has a 50-day moving average price of $239.34 and a 200 day moving average price of $219.80. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $250.98.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.3025 per share. This represents a $1.21 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, September 22nd.

Invesco NASDAQ 100 ETF Company Profile

(Free Report)

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.