Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Waddell & Associates LLC

Waddell & Associates LLC grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 184,942 shares of the company’s stock after buying an additional 696 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 4.8% of Waddell & Associates LLC’s holdings, making the stock its 9th biggest holding. Waddell & Associates LLC owned 0.12% of Invesco NASDAQ 100 ETF worth $36,454,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. CFS Investment Advisory Services LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 0.8% in the 4th quarter. CFS Investment Advisory Services LLC now owns 7,347 shares of the company’s stock worth $1,238,000 after purchasing an additional 57 shares during the last quarter. Cutter & CO Brokerage Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 2.1% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock worth $624,000 after purchasing an additional 64 shares during the last quarter. Madison Wealth Partners Inc grew its holdings in shares of Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Madison Wealth Partners Inc now owns 4,510 shares of the company’s stock worth $824,000 after purchasing an additional 69 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of Invesco NASDAQ 100 ETF by 4.1% in the 1st quarter. Arkadios Wealth Advisors now owns 1,869 shares of the company’s stock worth $341,000 after purchasing an additional 74 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Invesco NASDAQ 100 ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 190 shares of the company’s stock worth $38,000 after purchasing an additional 80 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM traded down $5.08 during trading hours on Friday, hitting $184.70. The stock had a trading volume of 2,568,153 shares, compared to its average volume of 1,824,240. The company’s fifty day moving average is $194.43 and its two-hundred day moving average is $187.71. Invesco NASDAQ 100 ETF has a 52 week low of $140.84 and a 52 week high of $207.24. The stock has a market capitalization of $28.72 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.3199 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.69%. 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.