Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Denver Wealth Management Inc.’s 2nd Largest Position

Denver Wealth Management Inc. lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 1.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 128,491 shares of the company’s stock after acquiring an additional 2,219 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 12.3% of Denver Wealth Management Inc.’s holdings, making the stock its 2nd largest holding. Denver Wealth Management Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $21,656,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Next Capital Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 3.6% in the 4th quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock worth $304,000 after purchasing an additional 62 shares during the period. Koshinski Asset Management Inc. lifted its position in Invesco NASDAQ 100 ETF by 2.6% during the third quarter. Koshinski Asset Management Inc. now owns 3,953 shares of the company’s stock valued at $583,000 after acquiring an additional 99 shares during the last quarter. West Michigan Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 3.0% during the third quarter. West Michigan Advisors LLC now owns 3,930 shares of the company’s stock valued at $579,000 after acquiring an additional 113 shares during the last quarter. PFG Advisors lifted its position in Invesco NASDAQ 100 ETF by 0.7% during the third quarter. PFG Advisors now owns 15,686 shares of the company’s stock valued at $2,312,000 after acquiring an additional 114 shares during the last quarter. Finally, Teamwork Financial Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 0.5% during the fourth quarter. Teamwork Financial Advisors LLC now owns 22,263 shares of the company’s stock valued at $3,752,000 after acquiring an additional 118 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM traded down $1.61 during midday trading on Tuesday, reaching $181.50. 1,800,212 shares of the stock traded hands, compared to its average volume of 1,851,786. Invesco NASDAQ 100 ETF has a 12-month low of $127.47 and a 12-month high of $184.88. The business has a 50-day moving average of $179.35 and a two-hundred day moving average of $165.34. The stock has a market capitalization of $21.97 billion, a PE ratio of 21.58 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.3454 per share. The ex-dividend date was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a yield of 0.76%.

Invesco NASDAQ 100 ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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