Invesco NASDAQ 100 ETF (QQQM)
Assets | $28.97B |
Expense Ratio | 0.15% |
PE Ratio | 39.74 |
Shares Out | 146.87M |
Dividend (ttm) | $1.29 |
Dividend Yield | 0.64% |
Ex-Dividend Date | Jun 24, 2024 |
Payout Ratio | 25.39% |
1-Year Return | +31.53% |
Volume | 1,094,770 |
Open | 197.71 |
Previous Close | 198.33 |
Day's Range | 197.67 - 200.41 |
52-Week Low | 140.84 |
52-Week High | 200.47 |
Beta | 1.31 |
Holdings | 104 |
Inception Date | Oct 13, 2020 |
About QQQM
Fund Home PageThe 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 issued by Invesco.
Top 10 Holdings
50.24% of assetsName | Symbol | Weight |
---|---|---|
Microsoft Corporation | MSFT | 8.64% |
Apple Inc | AAPL | 8.40% |
NVIDIA Corporation | NVDA | 7.91% |
Amazon.com, Inc. | AMZN | 5.23% |
Broadcom Inc. | AVGO | 5.00% |
Meta Platforms, Inc. | META | 4.57% |
Alphabet Inc. | GOOGL | 2.78% |
Alphabet Inc. | GOOG | 2.68% |
Costco Wholesale Corporation | COST | 2.53% |
Tesla, Inc. | TSLA | 2.49% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Jun 24, 2024 | $0.3199 | Jun 28, 2024 |
Mar 18, 2024 | $0.34537 | Mar 22, 2024 |
Dec 18, 2023 | $0.38069 | Dec 22, 2023 |
Sep 18, 2023 | $0.24483 | Sep 22, 2023 |
Jun 20, 2023 | $0.21666 | Jun 23, 2023 |
Mar 20, 2023 | $0.25433 | Mar 24, 2023 |
News
Concentration Risk May Be Overhyped
Market experts have long opined on the benefits of diversification. More recently, many of them have called attention to increasing concentration risk in some previously diverse broad market equity ga...
These ETFs Hold Top Ideas for the Second Half of 2024
Friday marks the end of the second quarter and the completion of the first half of the year. This means now is the time for investors to reflect on what worked in the first six months and strategize f...
Tech Trend Still Looks Like a Friend
In financial markets, it's often said that “the trend is your friend.” That's an accurate sentiment as it pertains to the 2024 performance of the tech sector.
AI Increasingly Prominent in Corporate Tech Spending
High interest rates and investors' desire to see strong balance sheets, buybacks or dividends can act as headwinds to corporate technology expenditures, but there's no getting around the point that so...
Active Managers Love Some Stocks in These Passive ETFs
Stock-picking is a difficult endeavor. But there are plenty of examples of active fund managers identifying winners.
Why ETFs Can Be Winning AI Bets
When it comes to stocks with the artificial intelligence (AI) label, Nvidia (NVDA) arguably takes the cake. So much so that earlier this week, the semiconductor giant briefly surpassed Microsoft (MSFT...
Buybacks Leaders Reside in These ETFs
In the first quarter, S&P 500 member firms repurchased $236.8 billion worth of their own shares. This marks a nearly 10% increase on a YoY basis.
AI Use Cases Haven't Reached Scale, But Are Vast
Use cases for generative artificial intelligence (AI) seemingly emerge on a daily basis, providing fuel for upside for AI-related equities. Of course, that's positive for investors.
These ETFs Can Help Investors Avoid AI Disappointment
The history of financial markets swells with examples of investors being seduced by “the next big thing.” These days, many suspect that AI is overly touted.
Ideas to Tackle Risk in Hot Growth ETFs
Being an equity growth investor has been a rewarding experience in the past year. Whether you've focused on the Magnificent 7, or the Fabulous 5, or just bought the Invesco Nasdaq 100 ETF (QQQ) – one ...
QQQ Has Surprising High Interest Rates Benefit
A widely held investing belief is that growth and technology stocks are vulnerable to rising interest rates. That was confirmed in 2022.
Concentrated Market Leadership Benefiting QQQ, QQQM
In what represents a familiar refrain to what investors have heard over the past several years, a small number of stocks account for a significant percentage of the S&P 500's 2024 upside. And owing to...
QQQ & QQQM Can Survive Summertime Blues
Experienced investors are familiar with the old financial markets saying: “Sell in May and go away.” While not always accurate from year to year, the message is simple.
AI Bubble Fears May Be Overstated
Investors' enthusiasm for artificial intelligence (AI) equities remains undaunted. Consider the following point courtesy of Wall Street Journal financial columnist James Mackintosh.
Financial Services Could Drive Next Round of AI Adoption
The first wave of the AI boom was dominated by the “enablers.” Those are companies like Nvidia (NVDA), Alphabet (GOOG), and Facebook parent Meta Platforms (META), among others.
Growth Stocks Still Looking Sturdy
The Nasdaq-100 Index (NDX) is higher by 11.30% year-to-date and residing near all-time highs. This confirms that large- and mega-cap growth stocks are proving sturdy.
Senate Issues ‘Roadmap' for Boosting U.S. AI Leadership
In the global race for artificial intelligence (AI) supremacy, it's largely a two-horse race consisting of the U.S. and China. For now, consensus wisdom appears to be that the U.S. is in the lead.
Magnificent Seven Will Have Big 2024 R&D Expenditures
When it comes to the famed “Magnificent Seven,” market participants typically focus on their earnings growth, share price performance, and stock valuations. However, research and development (R&D) sho...
Dividend Growth Potential Found in Surprising ETFs
It's long been said the tech sector and other groups often associated with the growth factor aren't home to big dividend yields. Just look at the Nasdaq-100 Index (NDX).
Why Covered Calls Can Make a Good Alternative
Covered call ETFs remain in focus to advisors, and as such, to asset managers. Indeed, Fidelity recently joined the growing group of well-established asset managers that offer enhanced income ETFs.
How Familiar Trio Could Shape QQQ Outlook
The Nasdaq-100 Index (NDX) is higher by 7.6% year to date. That's good news.
Professional Investors Still Love Tech Stocks
Among the 11 global industry classification standard (GICS) sectors, tech is not the best performer since the start of 2024. Not even close, nor is it the worst offender.