Western Wealth Management LLC Grows Position in Invesco NASDAQ 100 ETF $QQQM

Western Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 9.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 312,615 shares of the company’s stock after purchasing an additional 28,257 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 2.7% of Western Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Western Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $74,284,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Mascagni Wealth Management Inc. boosted its stake in Invesco NASDAQ 100 ETF by 10.7% during the first quarter. Mascagni Wealth Management Inc. now owns 6,028 shares of the company’s stock worth $1,432,000 after buying an additional 581 shares in the last quarter. Graney & King LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 0.9% during the 1st quarter. Graney & King LLC now owns 22,909 shares of the company’s stock worth $5,444,000 after acquiring an additional 199 shares during the period. Centaurus Financial Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 16.5% during the 1st quarter. Centaurus Financial Inc. now owns 29,962 shares of the company’s stock worth $7,120,000 after acquiring an additional 4,253 shares during the period. Ashton Thomas Securities LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 591.9% during the 1st quarter. Ashton Thomas Securities LLC now owns 3,176 shares of the company’s stock worth $755,000 after acquiring an additional 2,717 shares during the period. Finally, Arkadios Wealth Advisors boosted its position in shares of Invesco NASDAQ 100 ETF by 58.2% during the 1st quarter. Arkadios Wealth Advisors now owns 5,869 shares of the company’s stock valued at $1,395,000 after acquiring an additional 2,158 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 3.2%

NASDAQ QQQM opened at $281.35 on Friday. The stock has a market cap of $96.25 billion, a P/E ratio of 31.95 and a beta of 1.22. The company’s 50-day simple moving average is $294.83 and its 200 day simple moving average is $270.77. Invesco NASDAQ 100 ETF has a twelve month low of $227.00 and a twelve month high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

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

About Invesco NASDAQ 100 ETF

(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.

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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