Cetera Investment Advisers Purchases 5,026 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Cetera Investment Advisers boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,048,726 shares of the company’s stock after purchasing an additional 5,026 shares during the quarter. Invesco NASDAQ 100 ETF comprises 0.5% of Cetera Investment Advisers’ holdings, making the stock its 29th biggest position. Cetera Investment Advisers owned 0.67% of Invesco NASDAQ 100 ETF worth $206,714,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC lifted its stake in Invesco NASDAQ 100 ETF by 24.0% in the fourth quarter. ICA Group Wealth Management LLC now owns 23,424 shares of the company’s stock valued at $3,948,000 after buying an additional 4,530 shares during the period. Mather Group LLC. bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $39,000. Quantbot Technologies LP acquired a new position in Invesco NASDAQ 100 ETF during the first quarter valued at approximately $265,000. Gerber LLC bought a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $1,197,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF in the first quarter worth $204,000.

Invesco NASDAQ 100 ETF Stock Up 0.3 %

Shares of NASDAQ QQQM opened at $200.85 on Tuesday. Invesco NASDAQ 100 ETF has a twelve month low of $140.84 and a twelve month high of $207.24. The stock has a market cap of $31.23 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The company’s fifty day moving average is $192.66 and its 200-day moving average is $189.39.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.20 annualized dividend and a yield of 0.60%.

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.