6,624 Shares in Invesco NASDAQ 100 ETF $QQQM Acquired by Fiscal Wisdom Wealth Management LLC

Fiscal Wisdom Wealth Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,624 shares of the company’s stock, valued at approximately $1,651,000. Invesco NASDAQ 100 ETF makes up about 1.6% of Fiscal Wisdom Wealth Management LLC’s portfolio, making the stock its 12th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Essex Financial Services Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.8% during the 3rd quarter. Essex Financial Services Inc. now owns 11,928 shares of the company’s stock worth $2,948,000 after purchasing an additional 212 shares during the last quarter. Advisors Capital Management LLC grew its stake in Invesco NASDAQ 100 ETF by 4.0% in the third quarter. Advisors Capital Management LLC now owns 44,017 shares of the company’s stock valued at $10,878,000 after purchasing an additional 1,706 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 6.2% in the third quarter. Axxcess Wealth Management LLC now owns 62,750 shares of the company’s stock worth $15,507,000 after purchasing an additional 3,689 shares in the last quarter. Cornerstone Advisory LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 3.5% during the third quarter. Cornerstone Advisory LLC now owns 6,698 shares of the company’s stock valued at $1,655,000 after buying an additional 227 shares during the last quarter. Finally, Crestwood Advisors Group LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 29.6% during the third quarter. Crestwood Advisors Group LLC now owns 2,086 shares of the company’s stock valued at $516,000 after buying an additional 477 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.7%

Shares of Invesco NASDAQ 100 ETF stock opened at $249.38 on Thursday. The company has a market cap of $71.53 billion, a P/E ratio of 31.95 and a beta of 1.16. The firm’s 50 day moving average price is $254.00 and its 200-day moving average price is $248.91. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.323 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 22nd. This represents a $1.29 annualized dividend and a yield of 0.5%.

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.