Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by SOL Capital Management CO

SOL Capital Management CO increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,843 shares of the company’s stock after purchasing an additional 5,584 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 2.1% of SOL Capital Management CO’s investment portfolio, making the stock its 6th largest holding. SOL Capital Management CO owned about 0.06% of Invesco NASDAQ 100 ETF worth $19,049,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Cutter & CO Brokerage Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 2.1% during the second quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock worth $624,000 after purchasing an additional 64 shares during the period. Marble Harbor Investment Counsel LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 1.2% during the second quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock worth $1,143,000 after purchasing an additional 66 shares during the period. Northstar Group Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 5.4% during the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after purchasing an additional 69 shares during the period. Zhang Financial LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 2.8% during the third quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock worth $517,000 after purchasing an additional 70 shares during the period. Finally, Arkadios Wealth Advisors grew its stake in shares of Invesco NASDAQ 100 ETF by 4.1% during the first quarter. Arkadios Wealth Advisors now owns 1,869 shares of the company’s stock worth $341,000 after purchasing an additional 74 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 1.5 %

Shares of Invesco NASDAQ 100 ETF stock opened at $201.02 on Thursday. Invesco NASDAQ 100 ETF has a 12 month low of $140.84 and a 12 month high of $207.24. The business has a fifty day simple moving average of $197.45 and a 200 day simple moving average of $191.83. The stock has a market cap of $34.39 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.30 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.60%.

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.