Third View Private Wealth LLC Takes Position in Invesco NASDAQ 100 ETF $QQQM

Third View Private Wealth LLC purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, Holdings Channel reports. The fund purchased 8,100 shares of the company’s stock, valued at approximately $2,049,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Financial Futures Ltd Liability Co. raised its stake in shares of Invesco NASDAQ 100 ETF by 19.6% in the 4th quarter. Financial Futures Ltd Liability Co. now owns 25,427 shares of the company’s stock valued at $6,431,000 after acquiring an additional 4,163 shares during the period. HBW Advisory Services LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 5.2% in the 4th quarter. HBW Advisory Services LLC now owns 35,106 shares of the company’s stock valued at $8,879,000 after acquiring an additional 1,731 shares during the period. Highland Financial Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 1.6% in the 4th quarter. Highland Financial Advisors LLC now owns 146,715 shares of the company’s stock valued at $37,107,000 after acquiring an additional 2,262 shares during the period. FSM Wealth Advisors LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $1,273,000. Finally, Destiny Capital Corp CO purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $2,916,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $254.17 on Tuesday. The company’s 50 day simple moving average is $246.70 and its 200-day simple moving average is $251.01. The company has a market capitalization of $73.95 billion, a price-to-earnings ratio of 31.95 and a beta of 1.19. Invesco NASDAQ 100 ETF has a 1 year low of $176.19 and a 1 year high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.