Vance Wealth LLC Has $6.49 Million Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Vance Wealth LLC reduced its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,818 shares of the company’s stock after selling 1,243 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 2.5% of Vance Wealth LLC’s investment portfolio, making the stock its 9th largest holding. Vance Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,486,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Apollon Wealth Management LLC increased its position in shares of Invesco NASDAQ 100 ETF by 793.0% during the fourth quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock worth $16,021,000 after acquiring an additional 67,604 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth about $6,882,000. HighTower Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 1.3% during the fourth quarter. HighTower Advisors LLC now owns 45,980 shares of the company’s stock worth $9,676,000 after buying an additional 587 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Invesco NASDAQ 100 ETF by 1,271.5% during the fourth quarter. Wells Fargo & Company MN now owns 34,369 shares of the company’s stock worth $7,233,000 after buying an additional 31,863 shares in the last quarter. Finally, Barclays PLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 4,489.8% during the third quarter. Barclays PLC now owns 21,113 shares of the company’s stock worth $4,241,000 after buying an additional 20,653 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $214.94 on Tuesday. The company has a market cap of $45.85 billion, a PE ratio of 30.65 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $222.64. The stock has a 50-day simple moving average of $194.26 and a 200 day simple moving average of $206.01.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.3176 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

Invesco NASDAQ 100 ETF Company 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.