Capasso Planning Partners LLC Raises Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Capasso Planning Partners LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 66.8% during the first quarter, Holdings Channel.com reports. The firm owned 6,217 shares of the company’s stock after acquiring an additional 2,490 shares during the quarter. Capasso Planning Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,200,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Union Bancaire Privee UBP SA bought a new position in Invesco NASDAQ 100 ETF in the 1st quarter worth about $25,000. Crews Bank & Trust grew its holdings 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 buying an additional 115 shares during the last quarter. Nemes Rush Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $32,000. Tucker Asset Management LLC raised its holdings in Invesco NASDAQ 100 ETF by 122.0% in the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock worth $43,000 after acquiring an additional 111 shares during the last quarter. Finally, ST Germain D J Co. Inc. bought a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at approximately $46,000.

Invesco NASDAQ 100 ETF Trading Up 0.3%

Invesco NASDAQ 100 ETF stock opened at $222.73 on Thursday. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $223.87. The stock has a fifty day simple moving average of $208.18 and a two-hundred day simple moving average of $207.38. The firm has a market cap of $51.37 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Monday, June 23rd will be given a dividend of $0.3161 per share. The ex-dividend date of this dividend is Monday, June 23rd. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.26 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.