Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 27.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,766 shares of the company’s stock after buying an additional 3,785 shares during the quarter. Corient Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,494,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Avaii Wealth Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 2.8% during the fourth quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock worth $370,000 after purchasing an additional 40 shares in the last quarter. Archer Investment Corp grew its stake in shares of Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock worth $580,000 after acquiring an additional 44 shares in the last quarter. Jacobi Capital Management LLC increased its position in shares of Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock worth $336,000 after acquiring an additional 44 shares during the period. Foresight Capital Management Advisors Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 4.6% during the fourth quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock worth $270,000 after acquiring an additional 47 shares during the period. Finally, Motiv8 Investments LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 0.5% in the fourth quarter. Motiv8 Investments LLC now owns 9,410 shares of the company’s stock valued at $2,380,000 after acquiring an additional 47 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $290.95 on Friday. The stock’s 50-day moving average is $290.23 and its two-hundred day moving average is $264.64. Invesco NASDAQ 100 ETF has a 1-year low of $224.15 and a 1-year high of $308.21. The company has a market cap of $87.34 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

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.