Stephens Consulting LLC Has $3.51 Million Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Stephens Consulting LLC raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,465 shares of the company’s stock after acquiring an additional 1,953 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 0.9% of Stephens Consulting LLC’s holdings, making the stock its 18th largest position. Stephens Consulting LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,508,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in QQQM. International Assets Investment Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 70.5% in the first quarter. International Assets Investment Management LLC now owns 3,930 shares of the company’s stock worth $720,000 after buying an additional 1,625 shares during the last quarter. Salem Investment Counselors Inc. boosted its position in Invesco NASDAQ 100 ETF by 11.9% during the first quarter. Salem Investment Counselors Inc. now owns 788 shares of the company’s stock worth $144,000 after purchasing an additional 84 shares during the period. Security Financial Services INC. acquired a new position in Invesco NASDAQ 100 ETF during the first quarter valued at approximately $328,000. Lane & Associates LLC raised its position in shares of Invesco NASDAQ 100 ETF by 8.1% in the first quarter. Lane & Associates LLC now owns 4,021 shares of the company’s stock valued at $735,000 after purchasing an additional 301 shares during the period. Finally, Global Trust Asset Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 589.3% in the first quarter. Global Trust Asset Management LLC now owns 1,930 shares of the company’s stock worth $353,000 after buying an additional 1,650 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.7 %

NASDAQ QQQM opened at $203.52 on Friday. The company has a market cap of $34.70 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $140.84 and a 1 year high of $207.24. The company has a fifty day simple moving average of $196.60 and a 200 day simple moving average of $191.36.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Monday, September 23rd.

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.