Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stake Boosted by Harbour Investments Inc.

Harbour Investments Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 28.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,903 shares of the company’s stock after purchasing an additional 1,976 shares during the period. Harbour Investments Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $1,788,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Ridgecrest Wealth Partners LLC grew its position in shares of Invesco NASDAQ 100 ETF by 4.4% during the 3rd quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after buying an additional 60 shares during the last quarter. Cutter & CO Brokerage Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 2.1% during the 2nd 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 lifted its holdings 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 worth $1,143,000 after purchasing an additional 66 shares during the last quarter. Northstar Group Inc. boosted its position in Invesco NASDAQ 100 ETF by 5.4% during 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 period. Finally, Zhang Financial LLC lifted its stake in Invesco NASDAQ 100 ETF by 2.8% in the third quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock valued at $517,000 after buying an additional 70 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $210.83 on Thursday. Invesco NASDAQ 100 ETF has a one year low of $157.44 and a one year high of $212.19. The company has a 50-day simple moving average of $200.18 and a 200-day simple moving average of $194.73. The firm has a market capitalization of $35.93 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 0.57%.

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.