Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Purchased by Circle Wealth Management LLC

Circle Wealth Management LLC raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,477 shares of the company’s stock after purchasing an additional 142 shares during the period. Circle Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,903,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Ridgecrest Wealth Partners LLC grew its position in shares of Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after purchasing an additional 60 shares during the period. Cutter & CO Brokerage Inc. grew its holdings in Invesco NASDAQ 100 ETF by 2.1% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock valued at $624,000 after buying an additional 64 shares during the period. Marble Harbor Investment Counsel LLC grew its holdings in Invesco NASDAQ 100 ETF by 1.2% in the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after buying an additional 66 shares during the period. Northstar Group Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 5.4% during the 3rd quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock valued at $271,000 after acquiring an additional 69 shares during the last quarter. Finally, Zhang Financial LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 2.8% during the 3rd quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock worth $517,000 after acquiring an additional 70 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $209.80 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $157.44 and a 1 year high of $212.19. The company’s 50 day simple moving average is $204.19 and its 200 day simple moving average is $197.12. The stock has a market capitalization of $35.75 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.30 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.57%.

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.