Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 33.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,922 shares of the company’s stock after acquiring an additional 34,834 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 8.5% of Whitaker Myers Wealth Managers LTD.’s investment portfolio, making the stock its 2nd biggest holding. Whitaker Myers Wealth Managers LTD. owned approximately 0.08% of Invesco NASDAQ 100 ETF worth $29,236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Edgestream Partners L.P. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $295,000. Mercer Global Advisors Inc. ADV lifted its stake in Invesco NASDAQ 100 ETF by 1.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 7,422 shares of the company’s stock valued at $1,463,000 after buying an additional 76 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Invesco NASDAQ 100 ETF by 83.3% in the second quarter. Blair William & Co. IL now owns 6,567 shares of the company’s stock valued at $1,294,000 after purchasing an additional 2,984 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 20.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,413 shares of the company’s stock valued at $279,000 after purchasing an additional 242 shares during the last quarter. Finally, AE Wealth Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 3.3% in the second quarter. AE Wealth Management LLC now owns 11,519 shares of the company’s stock valued at $2,270,000 after purchasing an additional 364 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.7 %

NASDAQ QQQM opened at $214.78 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $168.46 and a 12-month high of $221.92. The company has a market capitalization of $39.76 billion, a PE ratio of 34.39 and a beta of 1.18. The firm’s 50 day moving average is $212.38 and its 200-day moving average is $202.55.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.