Christopher J. Hasenberg Inc Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Christopher J. Hasenberg Inc acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,229 shares of the company’s stock, valued at approximately $5,095,000. Invesco NASDAQ 100 ETF comprises about 2.8% of Christopher J. Hasenberg Inc’s holdings, making the stock its 8th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC grew its position in Invesco NASDAQ 100 ETF by 12.4% during the 3rd quarter. LPL Financial LLC now owns 3,883,222 shares of the company’s stock worth $572,426,000 after purchasing an additional 428,164 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Invesco NASDAQ 100 ETF by 8.4% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,393,233 shares of the company’s stock valued at $500,196,000 after purchasing an additional 262,963 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 25.2% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,260,598 shares of the company’s stock worth $212,461,000 after purchasing an additional 254,025 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Invesco NASDAQ 100 ETF by 8.9% in the third quarter. Ameriprise Financial Inc. now owns 1,156,544 shares of the company’s stock valued at $170,669,000 after buying an additional 94,790 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV increased its holdings in Invesco NASDAQ 100 ETF by 53.0% in the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,045,155 shares of the company’s stock worth $176,150,000 after buying an additional 362,075 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.4 %

Shares of NASDAQ QQQM traded up $0.71 during trading on Monday, reaching $178.06. 1,590,525 shares of the company traded hands, compared to its average volume of 1,849,497. The stock has a market cap of $22.89 billion, a P/E ratio of 35.17 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $129.60 and a 12-month high of $184.88. The firm’s fifty day simple moving average is $179.81 and its 200 day simple moving average is $169.19.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.