Clarendon Private LLC Has $1.10 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Clarendon Private LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 289.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,464 shares of the company’s stock after buying an additional 3,319 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 1.0% of Clarendon Private LLC’s investment portfolio, making the stock its 26th biggest holding. Clarendon Private LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,103,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Jackson Hole Capital Partners LLC bought a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $25,000. Wolff Wiese Magana LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $26,000. Trust Co. of Toledo NA OH bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $28,000. Pflug Koory LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $32,000. Finally, PrairieView Partners LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 400.0% during the second quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock worth $37,000 after purchasing an additional 132 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.4%

NASDAQ QQQM opened at $257.54 on Tuesday. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $262.23. The stock has a 50-day simple moving average of $254.00 and a 200 day simple moving average of $246.51. The company has a market capitalization of $72.78 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $0.323 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change 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.