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

Western Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 28.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 284,358 shares of the company’s stock after purchasing an additional 62,665 shares during the period. Invesco NASDAQ 100 ETF comprises 3.3% of Western Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Western Wealth Management LLC owned about 0.10% of Invesco NASDAQ 100 ETF worth $71,920,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQM. Jackson Hole Capital Partners LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $25,000. Garner Asset Management Corp purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $25,000. Wolff Wiese Magana LLC purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $26,000. New Millennium Group LLC increased its holdings in Invesco NASDAQ 100 ETF by 671.4% during the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after buying an additional 94 shares during the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $294.15 on Thursday. The firm has a fifty day moving average price of $256.94 and a 200-day moving average price of $254.82. The stock has a market cap of $88.30 billion, a PE ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a 1 year low of $208.18 and a 1 year high of $295.05.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.3277 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.

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.

Read More

Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report).

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

Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.