Highline Wealth Partners LLC Grows Position in Invesco NASDAQ 100 ETF $QQQM

Highline Wealth Partners LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 44,354 shares of the company’s stock after acquiring an additional 3,260 shares during the period. Invesco NASDAQ 100 ETF comprises 3.2% of Highline Wealth Partners LLC’s holdings, making the stock its 8th biggest position. Highline Wealth Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $11,218,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Jackson Hole Capital Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $25,000. Wolff Wiese Magana LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $26,000. New Millennium Group LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 671.4% in the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after buying an additional 94 shares during the period. Trust Co. of Toledo NA OH bought a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $28,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $237.62 on Wednesday. The firm has a market cap of $68.16 billion, a PE ratio of 31.95 and a beta of 1.16. The stock’s fifty day moving average price is $248.77 and its two-hundred day moving average price is $250.96. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a $0.3277 dividend. The ex-dividend date was Monday, March 23rd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a dividend yield of 0.6%.

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.