Fiducient Advisors LLC Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Fiducient Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the third quarter, Holdings Channel reports. The fund acquired 1,000 shares of the company’s stock, valued at approximately $201,000.

Other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its position in Invesco NASDAQ 100 ETF by 1,650.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock valued at $1,529,744,000 after acquiring an additional 7,317,531 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 10,544.5% in the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock worth $7,917,000 after acquiring an additional 3,978,954 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its position in shares of Invesco NASDAQ 100 ETF by 260.2% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after acquiring an additional 1,712,000 shares during the period. Cetera Investment Advisers raised its stake in shares of Invesco NASDAQ 100 ETF by 536.4% in the first quarter. Cetera Investment Advisers now owns 1,043,700 shares of the company’s stock valued at $190,673,000 after acquiring an additional 879,707 shares in the last quarter. Finally, Yelin Lapidot Holdings Management Ltd. purchased a new position in Invesco NASDAQ 100 ETF in the second quarter valued at $87,237,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $204.31 on Thursday. Invesco NASDAQ 100 ETF has a one year low of $142.62 and a one year high of $207.24. The business has a 50-day simple moving average of $198.16 and a 200-day simple moving average of $192.62. The company has a market cap of $35.00 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. Shareholders of record on Monday, September 23rd were issued a dividend of $0.30 per share. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.59%.

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.