Carnegie Investment Counsel Purchases 878 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Carnegie Investment Counsel boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 23,127 shares of the company’s stock after acquiring an additional 878 shares during the period. Carnegie Investment Counsel’s holdings in Invesco NASDAQ 100 ETF were worth $4,645,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $39,000. Quantbot Technologies LP bought a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at about $265,000. Sequoia Financial Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at about $204,000. Creekmur Asset Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $32,000. Finally, Portside Wealth Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at about $351,000.

Invesco NASDAQ 100 ETF Stock Up 0.1 %

Shares of QQQM opened at $203.03 on Monday. The business’s 50-day moving average price is $194.49 and its 200-day moving average price is $190.71. Invesco NASDAQ 100 ETF has a twelve month low of $140.84 and a twelve month high of $207.24. The stock has a market cap of $34.36 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend was Monday, September 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.