KPP Advisory Services LLC Boosts Stock Position in Invesco NASDAQ 100 ETF $QQQM

KPP Advisory Services LLC raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.2% in the first quarter, Holdings Channel reports. The fund owned 142,992 shares of the company’s stock after acquiring an additional 14,419 shares during the period. Invesco NASDAQ 100 ETF accounts for about 4.9% of KPP Advisory Services LLC’s portfolio, making the stock its biggest position. KPP Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $33,978,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Garner Asset Management Corp bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at about $25,000. Imprint Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. SJS Investment Consulting Inc. bought a new stake in Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $40,000. Osbon Capital Management LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $41,000. Finally, Bank & Trust Co acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $298.61 on Thursday. The firm has a market cap of $99.90 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a twelve month low of $224.80 and a twelve month high of $308.21. The firm’s 50 day moving average price is $292.28 and its two-hundred day moving average price is $265.58.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.3522 dividend. This represents a $1.41 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

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.