Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 39.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,118 shares of the company’s stock after purchasing an additional 888 shares during the quarter. Capstone Wealth Management Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $615,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of QQQM. International Assets Investment Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $388,000. Aveo Capital Partners LLC raised its position in shares of Invesco NASDAQ 100 ETF by 63.7% during the 4th quarter. Aveo Capital Partners LLC now owns 80,306 shares of the company’s stock worth $13,535,000 after acquiring an additional 31,256 shares in the last quarter. Rollins Financial lifted its stake in Invesco NASDAQ 100 ETF by 9.8% during the fourth quarter. Rollins Financial now owns 40,425 shares of the company’s stock worth $6,813,000 after purchasing an additional 3,619 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Invesco NASDAQ 100 ETF by 29.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 22,555 shares of the company’s stock worth $3,802,000 after purchasing an additional 5,069 shares during the last quarter. Finally, Beacon Pointe Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 50.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 4,465 shares of the company’s stock valued at $753,000 after purchasing an additional 1,502 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.4 %

QQQM stock opened at $194.79 on Tuesday. The stock has a market cap of $30.29 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $140.84 and a twelve month high of $207.24. The company’s 50 day moving average is $193.27 and its two-hundred day moving average is $188.32.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.3199 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Monday, June 24th.

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.