Comprehensive Wealth Management LLC Raises Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Comprehensive Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,438 shares of the company’s stock after buying an additional 146 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 0.4% of Comprehensive Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. Comprehensive Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth about $27,000. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $29,000. Triad Wealth Partners LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $30,000. GAMMA Investing LLC purchased a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at approximately $36,000. Finally, Rothschild Investment LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth $36,000.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $210.83 on Thursday. The business has a fifty day moving average price of $200.18 and a 200 day moving average price of $194.73. The stock has a market capitalization of $35.93 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $157.44 and a 12 month high of $212.19.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco NASDAQ 100 ETF 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.