Invesco NASDAQ 100 ETF $QQQM is Walker Financial Services Inc.’s 9th Largest Position

Walker Financial Services Inc. lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 47,435 shares of the company’s stock after acquiring an additional 15,134 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 4.3% of Walker Financial Services Inc.’s investment portfolio, making the stock its 9th largest position. Walker Financial Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $11,997,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in QQQM. Jackson Hole Capital Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $25,000. Wolff Wiese Magana LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $26,000. New Millennium Group LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 671.4% in the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after acquiring an additional 94 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $28,000. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $265.31 on Wednesday. The firm’s 50 day moving average price is $248.28 and its 200-day moving average price is $251.71. Invesco NASDAQ 100 ETF has a one year low of $180.18 and a one year high of $267.62. The firm has a market cap of $78.11 billion, a P/E ratio of 31.95 and a beta of 1.19.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.3277 dividend. The ex-dividend date was Monday, March 23rd. This represents a $1.31 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.