Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Congress Park Capital LLC

Congress Park Capital LLC boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 48.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,844 shares of the company’s stock after buying an additional 10,764 shares during the quarter. Invesco NASDAQ 100 ETF makes up approximately 2.5% of Congress Park Capital LLC’s portfolio, making the stock its 14th largest holding. Congress Park Capital LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,116,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. San Luis Wealth Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at about $1,932,000. Boyum Wealth Architects LLC grew its stake in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. Boyum Wealth Architects LLC now owns 22,813 shares of the company’s stock valued at $5,638,000 after acquiring an additional 2,523 shares in the last quarter. Adapt Wealth Advisors LLC grew its stake in Invesco NASDAQ 100 ETF by 1.4% during the 2nd quarter. Adapt Wealth Advisors LLC now owns 91,240 shares of the company’s stock valued at $20,721,000 after acquiring an additional 1,303 shares in the last quarter. Bank of Nova Scotia acquired a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $277,718,000. Finally, Geneos Wealth Management Inc. lifted its stake in Invesco NASDAQ 100 ETF by 465.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 16,757 shares of the company’s stock worth $3,805,000 after purchasing an additional 13,795 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $247.19 on Thursday. The stock’s 50 day simple moving average is $252.62 and its 200-day simple moving average is $239.78. The stock has a market cap of $64.74 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.3025 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 dividend on an annualized basis and a 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.