Bernardo Wealth Planning LLC Sells 18,568 Shares of Invesco NASDAQ 100 ETF $QQQM

Bernardo Wealth Planning LLC trimmed its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 46.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,177 shares of the company’s stock after selling 18,568 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 1.0% of Bernardo Wealth Planning LLC’s holdings, making the stock its 21st largest position. Bernardo Wealth Planning LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,233,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. San Luis Wealth Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth about $1,932,000. Boyum Wealth Architects LLC raised its holdings in shares of 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 buying an additional 2,523 shares in the last quarter. Brookstone Capital Management lifted its position in Invesco NASDAQ 100 ETF by 49.7% in the 3rd quarter. Brookstone Capital Management now owns 75,006 shares of the company’s stock worth $18,535,000 after buying an additional 24,904 shares during the last quarter. Bank of Nova Scotia purchased a new stake in Invesco NASDAQ 100 ETF in the second quarter worth approximately $277,718,000. Finally, Adapt Wealth Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 1.4% in the second quarter. Adapt Wealth Advisors LLC now owns 91,240 shares of the company’s stock worth $20,721,000 after buying an additional 1,303 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $254.43 on Tuesday. The company has a market capitalization of $70.50 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $262.23. The company’s 50 day moving average price is $253.85 and its two-hundred day moving average price is $243.28.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $0.323 dividend. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, December 22nd. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.