Coldstream Capital Management Inc. Takes Position in Invesco NASDAQ 100 ETF $QQQM

Coldstream Capital Management Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,957 shares of the company’s stock, valued at approximately $495,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Carroll Advisory Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $14,267,000. EverSource Wealth Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 121.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 4,411 shares of the company’s stock worth $1,116,000 after purchasing an additional 2,423 shares during the last quarter. Daviman Financial LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $712,000. Principle Wealth Partners LLC raised its position in shares of Invesco NASDAQ 100 ETF by 49.8% during the 4th quarter. Principle Wealth Partners LLC now owns 1,455 shares of the company’s stock worth $368,000 after purchasing an additional 484 shares during the last quarter. Finally, Wilian Securities LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $785,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $302.85 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $210.80 and a 1 year high of $303.26. The company has a market capitalization of $90.91 billion, a P/E ratio of 31.95 and a beta of 1.21. The business has a 50 day moving average price of $267.28 and a 200 day moving average price of $257.80.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.3277 per share. The ex-dividend date was Monday, March 23rd. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.