WCG Wealth Advisors LLC Acquires 5,356 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

WCG Wealth Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 44.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,361 shares of the company’s stock after buying an additional 5,356 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,422,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 1,650.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock valued at $1,529,744,000 after buying an additional 7,317,531 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in Invesco NASDAQ 100 ETF by 10,544.5% during the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock worth $7,917,000 after purchasing an additional 3,978,954 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 6.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,428,387 shares of the company’s stock worth $260,952,000 after purchasing an additional 80,230 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 6.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,418,246 shares of the company’s stock worth $279,551,000 after purchasing an additional 83,702 shares in the last quarter. Finally, Meitav Investment House Ltd. raised its position in shares of Invesco NASDAQ 100 ETF by 1.4% in the first quarter. Meitav Investment House Ltd. now owns 1,264,323 shares of the company’s stock valued at $231,041,000 after purchasing an additional 17,800 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.4 %

QQQM opened at $194.03 on Thursday. Invesco NASDAQ 100 ETF has a 12 month low of $140.84 and a 12 month high of $207.24. The company has a market cap of $30.17 billion, a PE ratio of 34.39 and a beta of 1.18. The company has a 50 day moving average of $192.82 and a 200 day moving average of $188.44.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a $0.3199 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Monday, June 24th.

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.