Invesco NASDAQ 100 ETF $QQQM is Secure Asset Management LLC’s 10th Largest Position

Secure Asset Management LLC grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,116 shares of the company’s stock after buying an additional 4,134 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 1.9% of Secure Asset Management LLC’s investment portfolio, making the stock its 10th largest holding. Secure Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $10,246,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Union Bancaire Privee UBP SA purchased a new position in Invesco NASDAQ 100 ETF during the 1st quarter worth $25,000. Westwind Capital acquired a new stake in Invesco NASDAQ 100 ETF in the 1st quarter valued at about $27,000. NorthRock Partners LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 1st quarter valued at about $28,000. Crews Bank & Trust grew its stake in Invesco NASDAQ 100 ETF by 328.6% in the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after acquiring an additional 115 shares during the last quarter. Finally, HHM Wealth Advisors LLC grew its stake in Invesco NASDAQ 100 ETF by 273.2% in the 1st quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock valued at $30,000 after acquiring an additional 112 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.2%

Shares of NASDAQ QQQM opened at $242.89 on Thursday. The stock has a market cap of $58.23 billion, a price-to-earnings ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $244.06. The company’s 50-day moving average price is $234.85 and its 200 day moving average price is $214.99.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were paid a $0.3161 dividend. This represents a $1.26 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

About Invesco NASDAQ 100 ETF

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.