22,168 Shares in Invesco NASDAQ 100 ETF $QQQM Purchased by Lansing Street Advisors

Lansing Street Advisors acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, Holdings Channel.com reports. The fund acquired 22,168 shares of the company’s stock, valued at approximately $5,607,000. Invesco NASDAQ 100 ETF comprises approximately 1.4% of Lansing Street Advisors’ holdings, making the stock its 16th largest holding.

Other hedge funds have also bought and sold shares of the company. Bright Futures Wealth Management LLC. purchased a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth $617,000. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 1,473.2% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 5,695 shares of the company’s stock worth $1,407,000 after purchasing an additional 5,333 shares during the last quarter. Evolution Wealth Management Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 51,972.7% in the third quarter. Evolution Wealth Management Inc. now owns 5,728 shares of the company’s stock worth $1,416,000 after purchasing an additional 5,717 shares during the last quarter. Boyum Wealth Architects LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 12.4% in the third quarter. Boyum Wealth Architects LLC now owns 22,813 shares of the company’s stock worth $5,638,000 after purchasing an additional 2,523 shares during the last quarter. Finally, Brookstone Capital Management raised its stake in shares of Invesco NASDAQ 100 ETF by 49.7% in the third quarter. Brookstone Capital Management now owns 75,006 shares of the company’s stock worth $18,535,000 after purchasing an additional 24,904 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $258.78 on Wednesday. Invesco NASDAQ 100 ETF has a 1-year low of $176.19 and a 1-year high of $262.23. The business has a fifty day moving average price of $246.80 and a 200-day moving average price of $251.11. The stock has a market capitalization of $75.29 billion, a P/E ratio of 31.95 and a beta of 1.19.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.3277 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.

Invesco NASDAQ 100 ETF 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.