Invesco NASDAQ 100 ETF $QQQM Stock Holdings Lifted by Running Point Capital Advisors LLC

Running Point Capital Advisors LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81,633 shares of the company’s stock after purchasing an additional 2,190 shares during the period. Invesco NASDAQ 100 ETF comprises about 5.4% of Running Point Capital Advisors LLC’s holdings, making the stock its 4th largest position. Running Point Capital Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $20,173,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in QQQM. Cypress Wealth Services LLC increased its holdings in Invesco NASDAQ 100 ETF by 3.4% in the third quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock worth $307,000 after buying an additional 41 shares during the last quarter. Base Wealth Management LLC lifted its stake in 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 valued at $286,000 after acquiring an additional 43 shares during the last quarter. Sand Hill Global Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 4.3% in the second quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock worth $263,000 after acquiring an additional 48 shares in the last quarter. Freedom Financial Partners LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 2.6% during the 2nd quarter. Freedom Financial Partners LLC now owns 2,005 shares of the company’s stock worth $455,000 after purchasing an additional 50 shares during the last quarter. Finally, TrueWealth Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 0.7% during the 3rd quarter. TrueWealth Advisors LLC now owns 6,969 shares of the company’s stock worth $1,722,000 after purchasing an additional 50 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.3%

QQQM stock opened at $256.00 on Friday. The firm has a market cap of $71.20 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $262.23. The company has a fifty day simple moving average of $253.68 and a 200 day simple moving average of $244.92.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given 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 dividend 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.