Assetmark Inc. Has $151,000 Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Assetmark Inc. boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 60.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 751 shares of the company’s stock after purchasing an additional 284 shares during the period. Assetmark Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $151,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter worth about $39,000. Portside Wealth Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $351,000. GAMMA Investing LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $36,000. Blair William & Co. IL grew its position in shares of Invesco NASDAQ 100 ETF by 2,885.8% during the 1st quarter. Blair William & Co. IL now owns 3,583 shares of the company’s stock valued at $655,000 after acquiring an additional 3,463 shares during the period. Finally, Sequoia Financial Advisors LLC grew its position in shares of Invesco NASDAQ 100 ETF by 6.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after acquiring an additional 74 shares during the period.

Invesco NASDAQ 100 ETF Stock Down 2.4 %

Invesco NASDAQ 100 ETF stock opened at $204.35 on Monday. Invesco NASDAQ 100 ETF has a twelve month low of $157.44 and a twelve month high of $212.19. The firm has a 50 day moving average price of $201.39 and a 200-day moving average price of $195.27. The company has a market capitalization of $34.82 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.59%. 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.