Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,900 shares of the company’s stock after buying an additional 4,491 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 3.5% of Lodestar Private Asset Management LLC’s holdings, making the stock its 4th biggest position. Lodestar Private Asset Management LLC owned approximately 0.05% of Invesco NASDAQ 100 ETF worth $35,619,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Bison Wealth LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth about $393,000. Capstone Wealth Management Group LLC grew its stake in Invesco NASDAQ 100 ETF by 9.6% during the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF by 1.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 1st quarter valued at about $742,000. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter worth approximately $534,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $293.42 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $226.25 and a 1 year high of $308.21. The business has a fifty day simple moving average of $293.32 and a 200 day simple moving average of $266.06. The firm has a market cap of $98.16 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Announces Dividend

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

Invesco NASDAQ 100 ETF Company 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.