Trinity Wealth Management LLC Has $828,000 Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Trinity Wealth Management LLC raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.9% in the 4th quarter, Holdings Channel reports. The firm owned 4,916 shares of the company’s stock after acquiring an additional 359 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 0.5% of Trinity Wealth Management LLC’s holdings, making the stock its 29th largest position. Trinity Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $828,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Whitaker Myers Wealth Managers LTD. grew its stake in shares of Invesco NASDAQ 100 ETF by 32.4% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 102,113 shares of the company’s stock worth $17,210,000 after purchasing an additional 24,984 shares during the last quarter. D Orazio & Associates Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 1,396.2% in the third quarter. D Orazio & Associates Inc. now owns 41,386 shares of the company’s stock worth $6,101,000 after purchasing an additional 38,620 shares during the last quarter. Western Wealth Management LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 46.5% in the second quarter. Western Wealth Management LLC now owns 117,528 shares of the company’s stock worth $17,862,000 after purchasing an additional 37,303 shares during the last quarter. Luken Investment Analytics LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 377.1% in the third quarter. Luken Investment Analytics LLC now owns 48,302 shares of the company’s stock worth $7,120,000 after purchasing an additional 38,178 shares during the last quarter. Finally, Banco Santander S.A. bought a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter worth $102,435,000.

Invesco NASDAQ 100 ETF Stock Down 0.2 %

Shares of Invesco NASDAQ 100 ETF stock opened at $182.69 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $127.47 and a twelve month high of $184.88. The stock has a market cap of $22.12 billion, a price-to-earnings ratio of 21.58 and a beta of 1.18. The company’s fifty day moving average is $178.83 and its 200 day moving average is $164.59.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a dividend of $0.3454 per share. The ex-dividend date was Monday, March 18th. This represents a $1.38 annualized dividend and a yield of 0.76%.

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.