Kraft Davis & Associates LLC Acquires 99 Shares of Invesco NASDAQ 100 ETF $QQQM

Kraft Davis & Associates LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,627 shares of the company’s stock after buying an additional 99 shares during the period. Kraft Davis & Associates LLC’s holdings in Invesco NASDAQ 100 ETF were worth $615,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of QQQM. Westwind Capital purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $27,000. NorthRock Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the first quarter worth $28,000. Crews Bank & Trust lifted its holdings in shares of Invesco NASDAQ 100 ETF by 328.6% during the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock worth $29,000 after acquiring an additional 115 shares during the last quarter. Hughes Financial Services LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth $30,000. Finally, HHM Wealth Advisors LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 273.2% during the 1st quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock worth $30,000 after acquiring an additional 112 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.4%

Invesco NASDAQ 100 ETF stock opened at $247.00 on Friday. The company has a market capitalization of $63.72 billion, a PE ratio of 31.95 and a beta of 1.18. The firm has a fifty day simple moving average of $241.53 and a two-hundred day simple moving average of $222.05. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $252.42.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a dividend of $0.3025 per share. The ex-dividend date was Monday, September 22nd. This represents a $1.21 annualized dividend and a dividend 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.