Cerity Partners LLC Has $86.66 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Cerity Partners LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 381,584 shares of the company’s stock after acquiring an additional 10,871 shares during the period. Cerity Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $86,658,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bison Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $393,000. Capstone Wealth Management Group LLC grew its holdings in Invesco NASDAQ 100 ETF by 9.6% during the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after purchasing an additional 3,220 shares during the period. Chicago Partners Investment Group LLC increased its position in Invesco NASDAQ 100 ETF by 4.5% during the first quarter. Chicago Partners Investment Group LLC now owns 1,614 shares of the company’s stock worth $321,000 after buying an additional 69 shares during the last quarter. National Bank of Canada FI bought a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at approximately $75,000. Finally, Savvy Advisors Inc. raised its stake in Invesco NASDAQ 100 ETF by 18.0% in the first quarter. Savvy Advisors Inc. now owns 2,608 shares of the company’s stock valued at $503,000 after buying an additional 398 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.4%

Shares of NASDAQ QQQM opened at $257.53 on Monday. 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 moving average of $251.76 and a 200-day moving average of $237.61. The company has a market capitalization of $67.45 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.3025 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 annualized dividend and a yield of 0.5%.

About Invesco NASDAQ 100 ETF

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.