Calton & Associates Inc. Raises Stake in Invesco NASDAQ 100 ETF $QQQM

Calton & Associates Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 48.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,741 shares of the company’s stock after buying an additional 8,692 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 1.0% of Calton & Associates Inc.’s portfolio, making the stock its 23rd largest holding. Calton & Associates Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $6,608,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of QQQM. GenTrust LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 410.8% during the third quarter. GenTrust LLC now owns 35,704 shares of the company’s stock worth $8,823,000 after purchasing an additional 28,714 shares during the last quarter. HighTower Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 4.4% during the 3rd quarter. HighTower Advisors LLC now owns 307,238 shares of the company’s stock worth $75,931,000 after purchasing an additional 13,042 shares during the period. Warner Group LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $4,289,000. MSH Capital Advisors LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 21.9% in the 3rd quarter. MSH Capital Advisors LLC now owns 2,827 shares of the company’s stock valued at $699,000 after buying an additional 508 shares during the period. Finally, Pacific Point Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 55.8% in the third quarter. Pacific Point Advisors LLC now owns 3,609 shares of the company’s stock worth $892,000 after buying an additional 1,292 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2%

Invesco NASDAQ 100 ETF stock opened at $247.83 on Friday. The business’s 50-day moving average price is $254.56 and its 200 day moving average price is $248.56. The firm has a market cap of $71.09 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.29 annualized dividend and a dividend yield of 0.5%.

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.