Blue Edge Capital LLC Boosts Position in Invesco NASDAQ 100 ETF $QQQM

Blue Edge Capital LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 29.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,072 shares of the company’s stock after buying an additional 5,309 shares during the quarter. Blue Edge Capital LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,702,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Cypress Wealth Services LLC grew its stake in Invesco NASDAQ 100 ETF by 3.4% during the 3rd quarter. Cypress Wealth Services LLC now owns 1,244 shares of the company’s stock valued at $307,000 after purchasing an additional 41 shares in the last quarter. Base Wealth Management LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 3.9% in the third quarter. Base Wealth Management LLC now owns 1,157 shares of the company’s stock worth $286,000 after buying an additional 43 shares during the last quarter. Twin Peaks Wealth Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF by 0.7% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 5,789 shares of the company’s stock valued at $1,429,000 after acquiring an additional 43 shares in the last quarter. Modera Wealth Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 1.2% during the 3rd quarter. Modera Wealth Management LLC now owns 3,920 shares of the company’s stock valued at $969,000 after acquiring an additional 46 shares during the last quarter. Finally, Sand Hill Global Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 4.3% during the 2nd quarter. Sand Hill Global Advisors LLC now owns 1,157 shares of the company’s stock valued at $263,000 after acquiring an additional 48 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.3%

Shares of NASDAQ QQQM opened at $250.72 on Friday. The stock has a market capitalization of $71.92 billion, a P/E ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23. The stock’s 50 day moving average price is $253.25 and its two-hundred day moving average price is $249.93.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $0.323 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

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.