Tyler Stone Wealth Management Has $1.88 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Tyler Stone Wealth Management cut its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,918 shares of the company’s stock after selling 732 shares during the quarter. Tyler Stone Wealth Management’s holdings in Invesco NASDAQ 100 ETF were worth $1,877,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of QQQM. Graney & King LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth about $3,611,000. Ausdal Financial Partners Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 31.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 1,734 shares of the company’s stock worth $365,000 after purchasing an additional 419 shares during the period. Florida Financial Advisors LLC lifted its stake in Invesco NASDAQ 100 ETF by 20.0% in the fourth quarter. Florida Financial Advisors LLC now owns 8,764 shares of the company’s stock valued at $1,751,000 after purchasing an additional 1,459 shares during the last quarter. PKS Advisory Services LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth $342,000. Finally, Signature Estate & Investment Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 0.7% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 13,037 shares of the company’s stock valued at $2,744,000 after buying an additional 97 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $203.13 on Wednesday. The firm has a market cap of $40.34 billion, a P/E ratio of 30.79 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64. The business has a 50-day moving average of $210.30 and a 200 day moving average of $207.87.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a dividend of $0.3176 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.