Stifel Financial Corp Has $14.65 Million Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Stifel Financial Corp raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,943 shares of the company’s stock after purchasing an additional 3,604 shares during the period. Stifel Financial Corp’s holdings in Invesco NASDAQ 100 ETF were worth $14,651,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of QQQM. Manchester Financial Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth about $760,000. Westside Investment Management Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 13.1% in the second quarter. Westside Investment Management Inc. now owns 9,683 shares of the company’s stock valued at $1,909,000 after purchasing an additional 1,120 shares during the last quarter. Rockingstone Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 22.5% during the second quarter. Rockingstone Advisors LLC now owns 9,762 shares of the company’s stock worth $1,924,000 after purchasing an additional 1,792 shares during the period. Fiduciary Financial Group LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $504,000. Finally, Triad Wealth Partners LLC bought a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter valued at $30,000.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $214.28 on Wednesday. Invesco NASDAQ 100 ETF has a fifty-two week low of $161.13 and a fifty-two week high of $216.80. The stock has a market capitalization of $36.52 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business’s fifty day moving average price is $206.23 and its two-hundred day moving average price is $198.64.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend 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.