RDA Financial Network purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,093 shares of the company’s stock, valued at approximately $1,838,000.
A number of other institutional investors also recently bought and sold shares of QQQM. Union Bancaire Privee UBP SA purchased a new stake in Invesco NASDAQ 100 ETF during the first quarter worth $25,000. Westwind Capital acquired a new position in shares of Invesco NASDAQ 100 ETF in the first quarter worth $27,000. NorthRock Partners LLC acquired a new position in Invesco NASDAQ 100 ETF in the first quarter valued at $28,000. Crews Bank & Trust increased its stake in Invesco NASDAQ 100 ETF by 328.6% in the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares during the last quarter. Finally, Hughes Financial Services LLC acquired a new position in Invesco NASDAQ 100 ETF in the first quarter valued at $30,000.
Invesco NASDAQ 100 ETF Price Performance
Shares of NASDAQ:QQQM opened at $241.50 on Friday. The firm has a market capitalization of $57.90 billion, a PE ratio of 31.95 and a beta of 1.18. The business has a 50-day moving average of $233.92 and a two-hundred day moving average of $214.30. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $242.01.
Invesco NASDAQ 100 ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were paid a dividend of $0.3161 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.26 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, June 23rd.
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.
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