Bensler LLC Acquires 1,395 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Bensler LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 17,528 shares of the company’s stock after acquiring an additional 1,395 shares during the quarter. Bensler LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Weitzel Financial Services Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 16.3% during the 3rd quarter. Weitzel Financial Services Inc. now owns 1,274 shares of the company’s stock worth $253,000 after purchasing an additional 179 shares during the last quarter. Hanseatic Management Services Inc. grew its holdings in Invesco NASDAQ 100 ETF by 3.5% during the third quarter. Hanseatic Management Services Inc. now owns 18,308 shares of the company’s stock valued at $3,677,000 after purchasing an additional 623 shares during the period. Advisor Resource Council purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $1,188,000. Concurrent Investment Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 23.2% in the third quarter. Concurrent Investment Advisors LLC now owns 8,214 shares of the company’s stock valued at $1,650,000 after buying an additional 1,549 shares during the period. Finally, Centennial Wealth Advisory LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $285,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $211.35 on Friday. The stock has a fifty day moving average of $199.14 and a 200-day moving average of $193.69. Invesco NASDAQ 100 ETF has a fifty-two week low of $152.05 and a fifty-two week high of $211.68. The company has a market capitalization of $36.02 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.30 per share. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.57%.

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.