Onyx Bridge Wealth Group LLC Has $3.53 Million Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Onyx Bridge Wealth Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 9.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,578 shares of the company’s stock after buying an additional 1,554 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,531,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in QQQM. RFG Advisory LLC increased its position in shares of Invesco NASDAQ 100 ETF by 2.6% in the first quarter. RFG Advisory LLC now owns 297,708 shares of the company’s stock worth $54,388,000 after purchasing an additional 7,469 shares during the period. &PARTNERS acquired a new position in Invesco NASDAQ 100 ETF during the first quarter valued at approximately $1,294,000. City State Bank lifted its stake in Invesco NASDAQ 100 ETF by 3.7% during the first quarter. City State Bank now owns 3,660 shares of the company’s stock worth $669,000 after purchasing an additional 130 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 70.5% in the 1st quarter. International Assets Investment Management LLC now owns 3,930 shares of the company’s stock valued at $720,000 after purchasing an additional 1,625 shares in the last quarter. Finally, Salem Investment Counselors Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 11.9% in the 1st quarter. Salem Investment Counselors Inc. now owns 788 shares of the company’s stock valued at $144,000 after purchasing an additional 84 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $202.20 on Friday. 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 $34.48 billion, a P/E ratio of 34.39 and a beta of 1.18. The stock has a fifty day moving average of $196.24 and a 200-day moving average of $191.15.

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 paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend was Monday, September 23rd.

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.