1,459 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Purchased by RIA Advisory Group LLC

RIA Advisory Group LLC purchased a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,459 shares of the company’s stock, valued at approximately $293,000.

A number of other large investors have also recently modified their holdings of the company. Sheaff Brock Investment Advisors LLC bought a new position in Invesco NASDAQ 100 ETF in the third quarter worth about $204,000. Signature Estate & Investment Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 12.8% in the third quarter. Signature Estate & Investment Advisors LLC now owns 12,940 shares of the company’s stock worth $2,599,000 after purchasing an additional 1,472 shares during the last quarter. Comprehensive Wealth Management LLC raised its position in Invesco NASDAQ 100 ETF by 4.4% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 3,438 shares of the company’s stock worth $691,000 after buying an additional 146 shares during the last quarter. Planning Capital Management Corp raised its holdings in shares of Invesco NASDAQ 100 ETF by 167.7% during the third quarter. Planning Capital Management Corp now owns 8,044 shares of the company’s stock worth $1,616,000 after purchasing an additional 5,039 shares during the last quarter. Finally, D Orazio & Associates Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 9.7% in the third quarter. D Orazio & Associates Inc. now owns 137,875 shares of the company’s stock worth $27,692,000 after buying an additional 12,232 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Down 2.4 %

Shares of Invesco NASDAQ 100 ETF stock traded down $4.99 during trading hours on Friday, reaching $204.35. The stock had a trading volume of 1,775,427 shares, compared to its average volume of 1,818,933. Invesco NASDAQ 100 ETF has a twelve month low of $157.44 and a twelve month high of $212.19. The stock’s 50 day moving average is $201.39 and its 200 day moving average is $195.12. The firm has a market capitalization of $34.82 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend was Monday, September 23rd.

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.