Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Holdings Lifted by Fusion Family Wealth LLC

Fusion Family Wealth LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 147,801 shares of the company’s stock after purchasing an additional 10,273 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 2.7% of Fusion Family Wealth LLC’s holdings, making the stock its 14th largest position. Fusion Family Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $29,686,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Mather Group LLC. bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $39,000. Quantbot Technologies LP bought a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at approximately $265,000. Sequoia Financial Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the first quarter worth about $204,000. Portside Wealth Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $351,000. Finally, GAMMA Investing LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the second quarter valued at $36,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM traded up $1.39 during trading hours on Friday, hitting $203.59. The stock had a trading volume of 291,481 shares, compared to its average volume of 1,830,248. The stock has a market capitalization of $34.72 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52 week low of $140.84 and a 52 week high of $207.24. The company’s fifty day moving average is $196.24 and its two-hundred day moving average is $191.15.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.