Rockbridge Investment Management LCC Buys Shares of 2,255 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Rockbridge Investment Management LCC bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,255 shares of the company’s stock, valued at approximately $453,000.

A number of other institutional investors also recently modified their holdings of QQQM. Cutter & CO Brokerage Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF by 2.1% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock valued at $624,000 after purchasing an additional 64 shares during the last quarter. Marble Harbor Investment Counsel LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.2% in the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after purchasing an additional 66 shares during the last quarter. Northstar Group Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF by 5.4% in the 3rd quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock valued at $271,000 after purchasing an additional 69 shares during the last quarter. Zhang Financial LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 2.8% in the 3rd quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock valued at $517,000 after purchasing an additional 70 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after purchasing an additional 74 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.1 %

QQQM stock opened at $211.62 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $152.05 and a 1 year high of $211.92. The company has a fifty day simple moving average of $199.45 and a 200 day simple moving average of $193.97. The firm has a market cap of $36.06 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.57%. 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.