Certified Advisory Corp Has $241,000 Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Certified Advisory Corp trimmed its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,248 shares of the company’s stock after selling 270 shares during the quarter. Certified Advisory Corp’s holdings in Invesco NASDAQ 100 ETF were worth $241,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in QQQM. Union Bancaire Privee UBP SA acquired a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at about $25,000. Westwind Capital acquired a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at about $27,000. NorthRock Partners LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at about $28,000. Crews Bank & Trust boosted its stake in shares of Invesco NASDAQ 100 ETF by 328.6% during the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares in the last quarter. Finally, Hughes Financial Services LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at about $30,000.

Invesco NASDAQ 100 ETF Trading Down 2.0%

Shares of QQQM stock opened at $228.02 on Friday. The business’s 50-day moving average price is $223.95 and its 200-day moving average price is $210.27. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $236.53. The firm has a market capitalization of $54.67 billion, a price-to-earnings ratio of 31.95 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were given a dividend of $0.3161 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, June 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.