1,893 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Purchased by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,893 shares of the company’s stock, valued at approximately $346,000.

A number of other hedge funds also recently modified their holdings of QQQM. Money Design Co. Ltd. increased its stake in Invesco NASDAQ 100 ETF by 126.0% in the fourth quarter. Money Design Co. Ltd. now owns 785,015 shares of the company’s stock valued at $132,306,000 after acquiring an additional 437,683 shares during the period. Cetera Advisor Networks LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 136.7% in the 4th quarter. Cetera Advisor Networks LLC now owns 747,395 shares of the company’s stock valued at $125,966,000 after purchasing an additional 431,616 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $65,475,000. Hollencrest Capital Management lifted its position in shares of Invesco NASDAQ 100 ETF by 1,241.6% during the 1st quarter. Hollencrest Capital Management now owns 414,341 shares of the company’s stock worth $75,696,000 after buying an additional 383,458 shares during the period. Finally, Mainstay Capital Management LLC ADV boosted its stake in Invesco NASDAQ 100 ETF by 53.0% in the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,045,155 shares of the company’s stock valued at $176,150,000 after buying an additional 362,075 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 1.1 %

Invesco NASDAQ 100 ETF stock traded down $2.29 during mid-day trading on Thursday, hitting $204.71. 527,976 shares of the company were exchanged, compared to its average volume of 1,701,929. The company has a market capitalization of $30.18 billion, a PE ratio of 34.39 and a beta of 1.18. The business has a fifty day moving average of $190.96 and a 200 day moving average of $181.49. Invesco NASDAQ 100 ETF has a 1-year low of $140.84 and a 1-year high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a dividend of $0.3199 per share. This represents a $1.28 annualized dividend and a yield of 0.63%. The ex-dividend date of this dividend was Monday, June 24th.

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.