Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Brookstone Capital Management

Brookstone Capital Management lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 30.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 97,799 shares of the company’s stock after buying an additional 22,793 shares during the period. Brookstone Capital Management’s holdings in Invesco NASDAQ 100 ETF were worth $24,735,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Solitude Financial Services lifted its holdings in Invesco NASDAQ 100 ETF by 17.4% in the fourth quarter. Solitude Financial Services now owns 35,748 shares of the company’s stock worth $9,041,000 after acquiring an additional 5,286 shares during the last quarter. Paladin Wealth LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 16.8% during the fourth quarter. Paladin Wealth LLC now owns 9,228 shares of the company’s stock valued at $2,334,000 after purchasing an additional 1,324 shares during the last quarter. MOR Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $505,000. Centennial Wealth Advisory LLC raised its position in shares of Invesco NASDAQ 100 ETF by 12.3% during the 4th quarter. Centennial Wealth Advisory LLC now owns 12,803 shares of the company’s stock worth $3,238,000 after purchasing an additional 1,402 shares during the period. Finally, ORG Partners LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 24.7% in the 4th quarter. ORG Partners LLC now owns 34,046 shares of the company’s stock worth $8,611,000 after purchasing an additional 6,742 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $229.87 on Tuesday. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The firm has a market capitalization of $65.94 billion, a P/E ratio of 31.95 and a beta of 1.16. The business has a 50 day simple moving average of $249.02 and a 200 day simple moving average of $250.99.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.3277 dividend. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 dividend on an annualized basis and a yield of 0.6%.

About Invesco NASDAQ 100 ETF

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.