Clear Creek Financial Management LLC Has $4.99 Million Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Clear Creek Financial Management LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 34.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,834 shares of the company’s stock after purchasing an additional 6,332 shares during the period. Clear Creek Financial Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,988,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 1,650.6% during the second quarter. Envestnet Asset Management Inc. now owns 7,760,864 shares of the company’s stock worth $1,529,744,000 after buying an additional 7,317,531 shares during the period. Strategic Financial Concepts LLC lifted its stake in Invesco NASDAQ 100 ETF by 10,544.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock valued at $7,917,000 after acquiring an additional 3,978,954 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives boosted its position in Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after acquiring an additional 1,712,000 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Invesco NASDAQ 100 ETF by 536.4% during the 1st quarter. Cetera Investment Advisers now owns 1,043,700 shares of the company’s stock worth $190,673,000 after acquiring an additional 879,707 shares in the last quarter. Finally, Yelin Lapidot Holdings Management Ltd. bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $87,237,000.

Invesco NASDAQ 100 ETF Stock Up 0.7 %

Shares of QQQM stock opened at $200.60 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $148.25 and a 12 month high of $207.24. The company’s fifty day simple moving average is $198.29 and its 200-day simple moving average is $192.94. The firm has a market cap of $34.14 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.