Colonial River Wealth Management LLC Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Colonial River Wealth Management LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 94.5% during the 4th quarter, Holdings Channel reports. The firm owned 21,995 shares of the company’s stock after acquiring an additional 10,684 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 2.2% of Colonial River Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Colonial River Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,707,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Whitaker Myers Wealth Managers LTD. lifted its holdings in Invesco NASDAQ 100 ETF by 32.4% during the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 102,113 shares of the company’s stock worth $17,210,000 after buying an additional 24,984 shares during the period. D Orazio & Associates Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 1,396.2% during the third quarter. D Orazio & Associates Inc. now owns 41,386 shares of the company’s stock worth $6,101,000 after buying an additional 38,620 shares during the period. IFG Advisory LLC lifted its holdings in Invesco NASDAQ 100 ETF by 23.7% during the fourth quarter. IFG Advisory LLC now owns 5,011 shares of the company’s stock worth $845,000 after buying an additional 961 shares during the period. Next Capital Management LLC lifted its holdings in Invesco NASDAQ 100 ETF by 3.6% during the fourth quarter. Next Capital Management LLC now owns 1,804 shares of the company’s stock worth $304,000 after buying an additional 62 shares during the period. Finally, Western Wealth Management LLC lifted its holdings in Invesco NASDAQ 100 ETF by 46.5% during the second quarter. Western Wealth Management LLC now owns 117,528 shares of the company’s stock worth $17,862,000 after buying an additional 37,303 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock traded down $1.61 during mid-day trading on Tuesday, reaching $181.50. 1,800,212 shares of the company were exchanged, compared to its average volume of 1,851,786. The business has a fifty day moving average of $179.35 and a 200 day moving average of $165.34. The firm has a market cap of $21.97 billion, a P/E ratio of 21.58 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $127.47 and a 12-month high of $184.88.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.3454 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.76%.

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report).

Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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