Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 29.6% during the first quarter, HoldingsChannel reports. The fund owned 14,629 shares of the company’s stock after acquiring an additional 3,340 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,673,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. American Institute for Advanced Investment Management LLP acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at approximately $308,000. Strategic Advisors LLC purchased a new position in Invesco NASDAQ 100 ETF in the first quarter worth $1,036,000. Teamwork Financial Advisors LLC lifted its holdings in Invesco NASDAQ 100 ETF by 19.9% in the first quarter. Teamwork Financial Advisors LLC now owns 26,704 shares of the company’s stock valued at $4,879,000 after acquiring an additional 4,441 shares during the period. Marshall Financial Group LLC lifted its holdings in Invesco NASDAQ 100 ETF by 38.3% in the first quarter. Marshall Financial Group LLC now owns 3,988 shares of the company’s stock valued at $729,000 after acquiring an additional 1,104 shares during the period. Finally, Kaye Capital Management boosted its position in shares of Invesco NASDAQ 100 ETF by 35.0% during the 1st quarter. Kaye Capital Management now owns 16,217 shares of the company’s stock worth $2,963,000 after purchasing an additional 4,201 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.6 %

Shares of QQQM traded up $1.16 during trading hours on Friday, reaching $203.22. The company had a trading volume of 528,283 shares, compared to its average volume of 1,708,158. Invesco NASDAQ 100 ETF has a 12-month low of $140.84 and a 12-month high of $203.47. The firm has a 50 day simple moving average of $189.29 and a 200-day simple moving average of $180.52. The company has a market capitalization of $29.88 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a $0.3199 dividend. The ex-dividend date was Monday, June 24th. This represents a $1.28 dividend on an annualized basis and a yield of 0.63%.

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.