Cerity Partners LLC Has $86.66 Million Holdings in Invesco NASDAQ 100 ETF $QQQM

Cerity Partners LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 381,584 shares of the company’s stock after purchasing an additional 10,871 shares during the quarter. Cerity Partners LLC owned 0.16% of Invesco NASDAQ 100 ETF worth $86,658,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of QQQM. Invesco Ltd. raised its position in Invesco NASDAQ 100 ETF by 18.8% in the 2nd quarter. Invesco Ltd. now owns 10,834,831 shares of the company’s stock valued at $2,460,590,000 after buying an additional 1,715,025 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in Invesco NASDAQ 100 ETF by 73.1% during the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,860,663 shares of the company’s stock worth $876,757,000 after acquiring an additional 1,630,000 shares during the last quarter. Soundwatch Capital LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $3,159,000. Mizuho Bank Ltd. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $272,520,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter worth $90,815,000.

Invesco NASDAQ 100 ETF Trading Up 0.4%

Shares of QQQM opened at $257.53 on Monday. The stock has a market capitalization of $67.45 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $262.23. The firm has a fifty day simple moving average of $251.76 and a 200 day simple moving average of $237.61.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a $0.3025 dividend. The ex-dividend date was Monday, September 22nd. This represents a $1.21 annualized dividend and a dividend yield of 0.5%.

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.