Brookstone Capital Management Has $9.77 Million Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Brookstone Capital Management trimmed its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 19.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 46,413 shares of the company’s stock after selling 11,449 shares during the period. Brookstone Capital Management’s holdings in Invesco NASDAQ 100 ETF were worth $9,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $29,000. Legacy Investment Solutions LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. National Bank of Canada FI lifted its position in shares of Invesco NASDAQ 100 ETF by 72.7% during the 2nd quarter. National Bank of Canada FI now owns 190 shares of the company’s stock valued at $38,000 after acquiring an additional 80 shares during the period. Mendota Financial Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $40,000. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $43,000.

Invesco NASDAQ 100 ETF Stock Down 0.3 %

Shares of QQQM stock opened at $208.14 on Tuesday. Invesco NASDAQ 100 ETF has a twelve month low of $165.86 and a twelve month high of $221.92. The company has a market cap of $38.40 billion, a P/E ratio of 34.39 and a beta of 1.18. The business has a fifty day simple moving average of $212.12 and a 200 day simple moving average of $202.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.3103 per share. The ex-dividend date was Monday, December 23rd.

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.