Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Lowery Thomas LLC’s 3rd Largest Position

Lowery Thomas LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 47,294 shares of the company’s stock after purchasing an additional 2,959 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 6.4% of Lowery Thomas LLC’s investment portfolio, making the stock its 3rd biggest position. Lowery Thomas LLC’s holdings in Invesco NASDAQ 100 ETF were worth $9,498,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of QQQM. CarsonAllaria Wealth Management Ltd. bought a new stake in Invesco NASDAQ 100 ETF during the second quarter valued at about $27,000. Massmutual Trust Co. FSB ADV bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $29,000. Triad Wealth Partners LLC purchased a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $30,000. GAMMA Investing LLC bought a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $36,000. Finally, Rothschild Investment LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $36,000.

Invesco NASDAQ 100 ETF Stock Up 0.7 %

Shares of Invesco NASDAQ 100 ETF stock opened at $205.80 on Tuesday. The firm has a market cap of $35.07 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $157.44 and a twelve month high of $212.19. The business has a 50-day moving average price of $201.39 and a 200-day moving average price of $195.42.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date 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.