Centaurus Financial Inc. Purchases 4,253 Shares of Invesco NASDAQ 100 ETF $QQQM

Centaurus Financial Inc. lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,962 shares of the company’s stock after buying an additional 4,253 shares during the quarter. Centaurus Financial Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $7,120,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Ashton Thomas Securities LLC lifted its position in Invesco NASDAQ 100 ETF by 591.9% during the 1st quarter. Ashton Thomas Securities LLC now owns 3,176 shares of the company’s stock worth $755,000 after acquiring an additional 2,717 shares during the last quarter. Arkadios Wealth Advisors grew its position in shares of Invesco NASDAQ 100 ETF by 58.2% in the first quarter. Arkadios Wealth Advisors now owns 5,869 shares of the company’s stock valued at $1,395,000 after purchasing an additional 2,158 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 11.4% in the first quarter. Sunbelt Securities Inc. now owns 2,611 shares of the company’s stock valued at $620,000 after purchasing an additional 267 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Invesco NASDAQ 100 ETF by 35.5% in the first quarter. Royal Bank of Canada now owns 1,743,076 shares of the company’s stock worth $414,189,000 after purchasing an additional 456,274 shares during the period. Finally, IMG Wealth Management Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 16.5% in the first quarter. IMG Wealth Management Inc. now owns 21,134 shares of the company’s stock worth $5,022,000 after purchasing an additional 2,995 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $272.51 on Thursday. The stock has a 50-day simple moving average of $295.09 and a 200 day simple moving average of $270.61. Invesco NASDAQ 100 ETF has a twelve month low of $227.00 and a twelve month high of $308.21. The stock has a market capitalization of $93.23 billion, a PE ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.3522 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.41 dividend on an annualized basis and a dividend 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.