Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,215 shares of the company’s stock after purchasing an additional 11,365 shares during the quarter. Global Retirement Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $25,012,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. American National Bank & Trust purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $148,000. Altus Wealth Group LLC increased its position in shares of Invesco NASDAQ 100 ETF by 3.0% during the third quarter. Altus Wealth Group LLC now owns 8,911 shares of the company’s stock worth $2,202,000 after acquiring an additional 260 shares during the last quarter. SteelPeak Wealth LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 11.2% in the third quarter. SteelPeak Wealth LLC now owns 1,132 shares of the company’s stock worth $280,000 after acquiring an additional 114 shares in the last quarter. Discipline Wealth Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF in the third quarter valued at about $333,000. Finally, Sterling Investment Counsel LLC boosted its holdings in Invesco NASDAQ 100 ETF by 74.8% in the third quarter. Sterling Investment Counsel LLC now owns 121,776 shares of the company’s stock valued at $30,093,000 after purchasing an additional 52,095 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.2%

QQQM stock opened at $252.44 on Friday. The stock’s 50 day moving average is $253.93 and its two-hundred day moving average is $242.84. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23. The company has a market capitalization of $69.68 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.323 dividend. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was 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.