Wealthcare Advisory Partners LLC Has $18.47 Million Stock Position in Invesco NASDAQ 100 ETF $QQQM

Wealthcare Advisory Partners LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,040 shares of the company’s stock after buying an additional 3,366 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $18,473,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in QQQM. Invesco Ltd. increased its position in shares of Invesco NASDAQ 100 ETF by 3.2% during the third quarter. Invesco Ltd. now owns 11,185,021 shares of the company’s stock worth $2,764,042,000 after acquiring an additional 350,190 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in Invesco NASDAQ 100 ETF by 0.6% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,882,663 shares of the company’s stock valued at $959,484,000 after acquiring an additional 22,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Invesco NASDAQ 100 ETF by 6.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,598,711 shares of the company’s stock valued at $889,313,000 after acquiring an additional 231,965 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Invesco NASDAQ 100 ETF by 5.9% in the 3rd quarter. Raymond James Financial Inc. now owns 2,623,734 shares of the company’s stock worth $648,377,000 after purchasing an additional 146,401 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Invesco NASDAQ 100 ETF by 22.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,309,059 shares of the company’s stock worth $570,665,000 after purchasing an additional 422,032 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 1.9%

QQQM stock opened at $231.61 on Friday. The stock has a 50-day moving average price of $249.54 and a two-hundred day moving average price of $250.89. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $262.23. The stock has a market cap of $66.44 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.3277 per share. The ex-dividend date was Monday, March 23rd. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.6%.

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.