Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Purchased by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 52.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,396 shares of the company’s stock after purchasing an additional 3,901 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,921,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. LPL Financial LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 12.4% during the third quarter. LPL Financial LLC now owns 3,883,222 shares of the company’s stock worth $572,426,000 after purchasing an additional 428,164 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Invesco NASDAQ 100 ETF by 8.4% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,393,233 shares of the company’s stock valued at $500,196,000 after acquiring an additional 262,963 shares during the period. Osaic Holdings Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 4.6% in the second quarter. Osaic Holdings Inc. now owns 1,754,755 shares of the company’s stock valued at $266,764,000 after acquiring an additional 76,645 shares during the period. Morgan Stanley lifted its holdings in Invesco NASDAQ 100 ETF by 26.3% in the third quarter. Morgan Stanley now owns 1,438,665 shares of the company’s stock valued at $212,074,000 after acquiring an additional 299,688 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 25.2% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,260,598 shares of the company’s stock valued at $212,461,000 after acquiring an additional 254,025 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock traded down $3.63 during midday trading on Friday, reaching $170.63. The company’s stock had a trading volume of 2,813,912 shares, compared to its average volume of 1,880,328. Invesco NASDAQ 100 ETF has a fifty-two week low of $127.47 and a fifty-two week high of $184.88. The stock’s 50 day simple moving average is $180.10 and its 200 day simple moving average is $167.85. The firm has a market capitalization of $21.88 billion, a PE ratio of 35.17 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.3454 per share. This represents a $1.38 annualized dividend and a dividend yield of 0.81%. The ex-dividend date was Monday, March 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.