D.A. Davidson & CO. Has $1.46 Million Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

D.A. Davidson & CO. grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,246 shares of the company’s stock after purchasing an additional 879 shares during the period. D.A. Davidson & CO.’s holdings in Invesco NASDAQ 100 ETF were worth $1,455,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in Invesco NASDAQ 100 ETF by 1,650.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock worth $1,529,744,000 after buying an additional 7,317,531 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Invesco NASDAQ 100 ETF by 13.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock worth $1,240,851,000 after acquiring an additional 754,700 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in Invesco NASDAQ 100 ETF by 10,544.5% during the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock valued at $7,917,000 after purchasing an additional 3,978,954 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its stake in Invesco NASDAQ 100 ETF by 260.2% in the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after purchasing an additional 1,712,000 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in Invesco NASDAQ 100 ETF by 19.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock worth $337,951,000 after purchasing an additional 283,257 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $209.80 on Friday. The company has a market capitalization of $35.75 billion, a PE ratio of 34.39 and a beta of 1.18. The business has a 50-day moving average of $204.19 and a 200-day moving average of $197.22. Invesco NASDAQ 100 ETF has a fifty-two week low of $157.44 and a fifty-two week high of $212.19.

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 $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.57%. 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.