Invesco NASDAQ 100 ETF $QQQM Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 27.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,766 shares of the company’s stock after buying an additional 3,785 shares during the quarter. Corient Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,494,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Avaii Wealth Management LLC grew its position in shares of Invesco NASDAQ 100 ETF by 2.8% in the fourth quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after purchasing an additional 40 shares in the last quarter. Archer Investment Corp increased its holdings in shares of Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after purchasing an additional 44 shares during the last quarter. Jacobi Capital Management LLC lifted its position in Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock worth $336,000 after buying an additional 44 shares in the last quarter. Foresight Capital Management Advisors Inc. lifted its position in Invesco NASDAQ 100 ETF by 4.6% during the fourth quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock worth $270,000 after buying an additional 47 shares in the last quarter. Finally, Motiv8 Investments LLC increased its position in Invesco NASDAQ 100 ETF by 0.5% during the fourth quarter. Motiv8 Investments LLC now owns 9,410 shares of the company’s stock worth $2,380,000 after purchasing an additional 47 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $290.95 on Friday. The firm has a market capitalization of $87.34 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The company’s 50-day moving average is $290.23 and its two-hundred day moving average is $264.64. Invesco NASDAQ 100 ETF has a 1-year low of $224.15 and a 1-year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 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.