J.W. Cole Advisors Inc. Purchases 1,781 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

J.W. Cole Advisors Inc. raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 120.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,262 shares of the company’s stock after purchasing an additional 1,781 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $550,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QQQM. CWM LLC lifted its position in Invesco NASDAQ 100 ETF by 161.3% in the third quarter. CWM LLC now owns 2,177 shares of the company’s stock valued at $321,000 after purchasing an additional 1,344 shares during the last quarter. Meridian Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 1.8% in the third quarter. Meridian Wealth Management LLC now owns 19,944 shares of the company’s stock valued at $2,940,000 after purchasing an additional 350 shares during the last quarter. Private Trust Co. NA lifted its position in Invesco NASDAQ 100 ETF by 35.3% in the third quarter. Private Trust Co. NA now owns 3,616 shares of the company’s stock valued at $533,000 after purchasing an additional 944 shares during the last quarter. Koshinski Asset Management Inc. lifted its position in Invesco NASDAQ 100 ETF by 2.6% in the third quarter. Koshinski Asset Management Inc. now owns 3,953 shares of the company’s stock valued at $583,000 after purchasing an additional 99 shares during the last quarter. Finally, Pinnacle Bancorp Inc. bought a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $35,000.

Invesco NASDAQ 100 ETF Stock Up 1.5 %

Shares of Invesco NASDAQ 100 ETF stock opened at $174.90 on Wednesday. The company has a market cap of $22.56 billion, a PE ratio of 35.17 and a beta of 1.18. The business has a 50 day moving average of $179.94 and a 200 day moving average of $168.50. Invesco NASDAQ 100 ETF has a 52 week low of $127.47 and a 52 week high of $184.88.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.3454 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.79%.

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.