Brookstone Capital Management Has $18.54 Million Stake in Invesco NASDAQ 100 ETF $QQQM

Brookstone Capital Management increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 49.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,006 shares of the company’s stock after purchasing an additional 24,904 shares during the quarter. Brookstone Capital Management’s holdings in Invesco NASDAQ 100 ETF were worth $18,535,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of QQQM. San Luis Wealth Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $1,932,000. Boyum Wealth Architects LLC lifted its holdings in Invesco NASDAQ 100 ETF by 12.4% in the third quarter. Boyum Wealth Architects LLC now owns 22,813 shares of the company’s stock valued at $5,638,000 after buying an additional 2,523 shares during the period. Adapt Wealth Advisors LLC lifted its holdings in Invesco NASDAQ 100 ETF by 1.4% in the second quarter. Adapt Wealth Advisors LLC now owns 91,240 shares of the company’s stock valued at $20,721,000 after buying an additional 1,303 shares during the period. Bank of Nova Scotia bought a new position in Invesco NASDAQ 100 ETF in the second quarter valued at approximately $277,718,000. Finally, Cerity Partners LLC grew its holdings in Invesco NASDAQ 100 ETF by 2.9% during the 2nd quarter. Cerity Partners LLC now owns 381,584 shares of the company’s stock worth $86,658,000 after acquiring an additional 10,871 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $256.63 on Thursday. The firm has a fifty day moving average of $253.35 and a two-hundred day moving average of $241.09. The stock has a market capitalization of $67.21 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 22nd will be issued a dividend of $0.323 per share. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date is Monday, December 22nd.

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.