Cerity Partners LLC Raises Stock Holdings in Invesco NASDAQ 100 ETF $QQQM

Cerity Partners LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 20.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 492,190 shares of the company’s stock after buying an additional 83,703 shares during the quarter. Cerity Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $124,485,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQM. Bison Wealth LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $393,000. Capstone Wealth Management Group LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 9.6% during the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after purchasing an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock worth $9,876,000 after purchasing an additional 819 shares during the last quarter. Empowered Funds LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter worth approximately $742,000. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth approximately $534,000.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $294.81 on Tuesday. Invesco NASDAQ 100 ETF has a 12 month low of $215.55 and a 12 month high of $308.21. The business has a 50 day simple moving average of $275.73 and a 200-day simple moving average of $260.26. The stock has a market capitalization of $88.50 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a dividend yield of 0.4%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, March 23rd.

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.