Consolidated Planning Corp Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Consolidated Planning Corp bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, Holdings Channel reports. The institutional investor bought 17,290 shares of the company’s stock, valued at approximately $2,914,000.

A number of other institutional investors have also modified their holdings of QQQM. CWM LLC increased its stake in Invesco NASDAQ 100 ETF by 161.3% in the 3rd quarter. CWM LLC now owns 2,177 shares of the company’s stock valued at $321,000 after buying an additional 1,344 shares during the period. Private Trust Co. NA grew its stake in shares of Invesco NASDAQ 100 ETF by 35.3% during the 3rd quarter. Private Trust Co. NA now owns 3,616 shares of the company’s stock worth $533,000 after purchasing an additional 944 shares during the period. SFG Wealth Management LLC. grew its stake in shares of Invesco NASDAQ 100 ETF by 115.5% during the 3rd quarter. SFG Wealth Management LLC. now owns 6,156 shares of the company’s stock worth $907,000 after purchasing an additional 3,300 shares during the period. Arthur M. Cohen & Associates LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 32.9% during the 3rd quarter. Arthur M. Cohen & Associates LLC now owns 86,502 shares of the company’s stock worth $12,751,000 after purchasing an additional 21,398 shares during the period. Finally, Avestar Capital LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth $356,000.

Invesco NASDAQ 100 ETF Trading Up 1.5 %

Shares of NASDAQ:QQQM traded up $2.70 on Friday, reaching $177.35. 1,044,108 shares of the company were exchanged, compared to its average volume of 1,852,672. Invesco NASDAQ 100 ETF has a 1-year low of $129.60 and a 1-year high of $184.88. The firm has a market cap of $22.87 billion, a price-to-earnings ratio of 35.17 and a beta of 1.18. The company has a 50-day moving average of $179.80 and a 200-day moving average of $168.77.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a $0.3454 dividend. The ex-dividend date was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.78%.

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.