Cetera Advisors LLC Has $11.61 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Cetera Advisors LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,360 shares of the company’s stock after purchasing an additional 8,074 shares during the quarter. Cetera Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $11,605,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQM. Beacon Capital Management LLC bought a new position in Invesco NASDAQ 100 ETF during the second quarter worth about $28,000. Northwest Capital Management Inc acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $29,000. Larson Financial Group LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 395.6% during the first quarter. Larson Financial Group LLC now owns 223 shares of the company’s stock worth $29,000 after purchasing an additional 178 shares during the period. Wells Fargo & Company MN raised its position in shares of Invesco NASDAQ 100 ETF by 578.0% in the fourth quarter. Wells Fargo & Company MN now owns 278 shares of the company’s stock valued at $30,000 after buying an additional 237 shares in the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at approximately $37,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $158.30 on Thursday. The business’s 50 day simple moving average is $150.02 and its 200 day simple moving average is $148.68. Invesco NASDAQ 100 ETF has a 1 year low of $106.88 and a 1 year high of $159.57. The company has a market capitalization of $16.00 billion, a P/E ratio of 21.58 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Tuesday, September 19th were issued a dividend of $0.2448 per share. This represents a $0.98 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend was Monday, September 18th.

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.