Capasso Planning Partners LLC Grows Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Capasso Planning Partners LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 66.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,217 shares of the company’s stock after buying an additional 2,490 shares during the quarter. Capasso Planning Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,200,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Seneca House Advisors increased its stake in shares of Invesco NASDAQ 100 ETF by 5.2% during the first quarter. Seneca House Advisors now owns 1,188 shares of the company’s stock valued at $229,000 after buying an additional 59 shares during the period. Robertson Stephens Wealth Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 2.0% in the 1st quarter. Robertson Stephens Wealth Management LLC now owns 3,168 shares of the company’s stock worth $611,000 after purchasing an additional 61 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in Invesco NASDAQ 100 ETF by 4.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,701 shares of the company’s stock worth $358,000 after purchasing an additional 67 shares in the last quarter. Eagle Strategies LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 0.8% in the 4th quarter. Eagle Strategies LLC now owns 8,494 shares of the company’s stock worth $1,788,000 after purchasing an additional 70 shares during the period. Finally, Captrust Financial Advisors increased its position in shares of Invesco NASDAQ 100 ETF by 1.3% during the fourth quarter. Captrust Financial Advisors now owns 5,762 shares of the company’s stock valued at $1,213,000 after buying an additional 74 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $222.73 on Thursday. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $223.87. The firm has a 50-day moving average of $208.18 and a 200 day moving average of $207.38. The company has a market cap of $51.37 billion, a P/E ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, June 23rd will be given a $0.3161 dividend. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $1.26 annualized dividend and a dividend yield of 0.57%. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.