Invesco NASDAQ 100 ETF $QQQM Stock Holdings Raised by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.2% in the third quarter, Holdings Channel.com reports. The fund owned 259,111 shares of the company’s stock after acquiring an additional 5,687 shares during the quarter. Invesco NASDAQ 100 ETF makes up about 8.1% of Cornerstone Planning Group LLC’s holdings, making the stock its 4th biggest holding. Cornerstone Planning Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $66,778,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cypress Wealth Services LLC boosted its holdings in Invesco NASDAQ 100 ETF by 3.4% in the 3rd quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock valued at $307,000 after purchasing an additional 41 shares during the period. Base Wealth Management LLC raised its position in shares of Invesco NASDAQ 100 ETF by 3.9% in the third quarter. Base Wealth Management LLC now owns 1,157 shares of the company’s stock worth $286,000 after buying an additional 43 shares in the last quarter. Twin Peaks Wealth Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 0.7% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock valued at $1,429,000 after buying an additional 43 shares during the period. Modera Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF by 1.2% during the third quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock worth $969,000 after buying an additional 46 shares in the last quarter. Finally, Sand Hill Global Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 4.3% during the second quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock worth $263,000 after buying an additional 48 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.7%

NASDAQ:QQQM opened at $257.82 on Tuesday. The business’s 50-day moving average price is $255.36 and its two-hundred day moving average price is $247.55. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $262.23. The stock has a market cap of $73.30 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.323 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 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.