Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,477 shares of the company’s stock after acquiring an additional 2,866 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $3,272,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CarsonAllaria Wealth Management Ltd. purchased a new stake in Invesco NASDAQ 100 ETF during the second quarter valued at about $27,000. Massmutual Trust Co. FSB ADV acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $29,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. Rothschild Investment LLC purchased a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $36,000. Finally, National Bank of Canada FI raised its stake in Invesco NASDAQ 100 ETF by 72.7% during the 2nd quarter. National Bank of Canada FI now owns 190 shares of the company’s stock valued at $38,000 after purchasing an additional 80 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.8 %

Shares of Invesco NASDAQ 100 ETF stock opened at $218.41 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $162.74 and a 12 month high of $219.43. The business has a fifty day simple moving average of $207.35 and a 200-day simple moving average of $199.11. The stock has a market cap of $37.22 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco NASDAQ 100 ETF Company 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.