Bernardo Wealth Planning LLC Reduces Holdings in Invesco NASDAQ 100 ETF $QQQM

Bernardo Wealth Planning LLC trimmed its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,177 shares of the company’s stock after selling 18,568 shares during the quarter. Invesco NASDAQ 100 ETF makes up 1.0% of Bernardo Wealth Planning LLC’s investment portfolio, making the stock its 21st largest position. Bernardo Wealth Planning LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Cypress Wealth Services LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 3.4% during the third quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock valued at $307,000 after purchasing an additional 41 shares during the period. Base Wealth Management LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 3.9% in the third quarter. Base Wealth Management LLC now owns 1,157 shares of the company’s stock worth $286,000 after buying an additional 43 shares during the period. Sand Hill Global Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF by 4.3% during the 2nd quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock valued at $263,000 after buying an additional 48 shares during the last quarter. Freedom Financial Partners LLC raised its holdings in Invesco NASDAQ 100 ETF by 2.6% during the 2nd quarter. Freedom Financial Partners LLC now owns 2,005 shares of the company’s stock valued at $455,000 after buying an additional 50 shares during the last quarter. Finally, TrueWealth Advisors LLC boosted its position in Invesco NASDAQ 100 ETF by 0.7% during the 3rd quarter. TrueWealth Advisors LLC now owns 6,969 shares of the company’s stock valued at $1,722,000 after buying an additional 50 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.8%

Shares of Invesco NASDAQ 100 ETF stock opened at $254.43 on Tuesday. The company’s fifty day simple moving average is $253.85 and its two-hundred day simple moving average is $243.28. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The firm has a market cap of $70.50 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.