C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 423.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,025 shares of the company’s stock after buying an additional 8,108 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $2,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in QQQM. Envestnet Asset Management Inc. grew its holdings 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 valued at $1,529,744,000 after buying an additional 7,317,531 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 10,544.5% during the second quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock valued at $7,917,000 after buying an additional 3,978,954 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Invesco NASDAQ 100 ETF by 536.4% during the first quarter. Cetera Investment Advisers now owns 1,043,700 shares of the company’s stock valued at $190,673,000 after buying an additional 879,707 shares during the last quarter. Yelin Lapidot Holdings Management Ltd. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $87,237,000. Finally, Hollencrest Capital Management grew its holdings in shares of Invesco NASDAQ 100 ETF by 1,241.6% during the first quarter. Hollencrest Capital Management now owns 414,341 shares of the company’s stock valued at $75,696,000 after buying an additional 383,458 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.5 %

NASDAQ:QQQM opened at $201.38 on Wednesday. The stock has a market cap of $33.97 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The company’s 50 day moving average price is $193.41 and its 200-day moving average price is $190.16. Invesco NASDAQ 100 ETF has a 52 week low of $140.84 and a 52 week high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.