Capstone Wealth Management Group LLC Grows Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Capstone Wealth Management Group LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 45.9% in the 4th quarter, Holdings Channel reports. The firm owned 57,346 shares of the company’s stock after buying an additional 18,051 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 8.9% of Capstone Wealth Management Group LLC’s portfolio, making the stock its 3rd largest holding. Capstone Wealth Management Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $14,504,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Garner Asset Management Corp bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at $25,000. Imprint Wealth LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth $31,000. Osbon Capital Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth $41,000. Bank & Trust Co acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $46,000. Finally, Monetary Solutions Ltd acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $50,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $304.52 on Monday. Invesco NASDAQ 100 ETF has a 12 month low of $215.55 and a 12 month high of $308.21. The company has a market cap of $91.41 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The business has a fifty day simple moving average of $286.28 and a 200-day simple moving average of $263.34.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be issued a dividend of $0.3522 per share. The ex-dividend date is Monday, June 22nd.

Invesco NASDAQ 100 ETF Company 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.