Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Continuum Advisory LLC

Continuum Advisory LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.7% during the 3rd quarter, Holdings Channel reports. The firm owned 2,388 shares of the company’s stock after acquiring an additional 306 shares during the quarter. Continuum Advisory LLC’s holdings in Invesco NASDAQ 100 ETF were worth $500,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. raised its position in Invesco NASDAQ 100 ETF by 1,650.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock worth $1,529,744,000 after buying an additional 7,317,531 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in Invesco NASDAQ 100 ETF by 13.9% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after purchasing an additional 754,700 shares during the period. Strategic Financial Concepts LLC boosted its holdings in Invesco NASDAQ 100 ETF by 10,544.5% in the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock valued at $7,917,000 after purchasing an additional 3,978,954 shares during the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its position in Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after purchasing an additional 1,712,000 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco NASDAQ 100 ETF by 19.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,714,506 shares of the company’s stock valued at $337,951,000 after buying an additional 283,257 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.4 %

Shares of QQQM stock opened at $214.28 on Wednesday. Invesco NASDAQ 100 ETF has a 52-week low of $161.13 and a 52-week high of $216.80. The stock has a market cap of $36.52 billion, a PE ratio of 34.39 and a beta of 1.18. The business has a 50-day simple moving average of $206.23 and a 200-day simple moving average of $198.64.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Monday, September 23rd.

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.