Pathstone Holdings LLC Buys 1,545 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Pathstone Holdings LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,200 shares of the company’s stock after acquiring an additional 1,545 shares during the quarter. Pathstone Holdings LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,250,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Ridgecrest Wealth Partners LLC raised its holdings in Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after purchasing an additional 60 shares in the last quarter. Cutter & CO Brokerage Inc. lifted its position in Invesco NASDAQ 100 ETF by 2.1% during the second quarter. Cutter & CO Brokerage Inc. now owns 3,164 shares of the company’s stock valued at $624,000 after acquiring an additional 64 shares during the last quarter. Marble Harbor Investment Counsel LLC lifted its position in Invesco NASDAQ 100 ETF by 1.2% during the second quarter. Marble Harbor Investment Counsel LLC now owns 5,801 shares of the company’s stock valued at $1,143,000 after acquiring an additional 66 shares during the last quarter. Northstar Group Inc. grew its holdings in Invesco NASDAQ 100 ETF by 5.4% in the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after purchasing an additional 69 shares during the last quarter. Finally, Zhang Financial LLC grew its holdings 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 worth $517,000 after purchasing an additional 70 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.5 %

Shares of QQQM opened at $209.63 on Wednesday. The firm has a market cap of $35.72 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $157.44 and a 12 month high of $212.19. The stock has a fifty day moving average price of $203.51 and a 200-day moving average price of $196.78.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently announced 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. This represents a $1.20 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend was Monday, September 23rd.

About Invesco NASDAQ 100 ETF

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.