Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Apriem Advisors

Apriem Advisors grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 2.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 123,049 shares of the company’s stock after acquiring an additional 2,823 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 2.9% of Apriem Advisors’ investment portfolio, making the stock its 10th biggest holding. Apriem Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $31,122,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Avaii Wealth Management LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 2.8% during the 4th quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after buying an additional 40 shares during the last quarter. Archer Investment Corp lifted its holdings in Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock worth $580,000 after purchasing an additional 44 shares during the last quarter. Jacobi Capital Management LLC lifted its holdings in Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock worth $336,000 after purchasing an additional 44 shares during the last quarter. Foresight Capital Management Advisors Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 4.6% in the 4th quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock worth $270,000 after purchasing an additional 47 shares during the last quarter. Finally, ROSS JOHNSON & Associates LLC lifted its holdings in Invesco NASDAQ 100 ETF by 23.1% in the 3rd quarter. ROSS JOHNSON & Associates LLC now owns 266 shares of the company’s stock worth $66,000 after purchasing an additional 50 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $297.01 on Friday. The business has a 50 day moving average price of $280.33 and a 200 day moving average price of $261.51. Invesco NASDAQ 100 ETF has a twelve month low of $215.55 and a twelve month high of $308.21. The firm has a market cap of $89.16 billion, a P/E ratio of 31.95 and a beta of 1.23.

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 issued a $0.3277 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, March 23rd. This represents a $1.31 annualized dividend and a yield of 0.4%.

Invesco NASDAQ 100 ETF Profile

(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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