Circle Wealth Management LLC Boosts Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Circle Wealth Management LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,477 shares of the company’s stock after buying an additional 142 shares during the quarter. Circle Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,903,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. CarsonAllaria Wealth Management Ltd. purchased a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $27,000. Massmutual Trust Co. FSB ADV acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at $29,000. Triad Wealth Partners LLC purchased a new position in Invesco NASDAQ 100 ETF in the second quarter valued at $30,000. GAMMA Investing LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth about $36,000. Finally, Rothschild Investment LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $36,000.

Invesco NASDAQ 100 ETF Trading Up 0.9 %

Shares of QQQM stock opened at $209.80 on Friday. The company has a market capitalization of $35.75 billion, a P/E 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 business’s 50 day moving average is $204.19 and its two-hundred day moving average is $197.12.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued 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 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.