Longview Financial Advisors Inc. Has $304,000 Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Paula Ricardo on Oct 20th, 2024

Longview Financial Advisors Inc. reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 19.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,514 shares of the company’s stock after selling 354 shares during the period. Longview Financial Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $304,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Mather Group LLC. bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $39,000. Quantbot Technologies LP bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $265,000. Sequoia Financial Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $204,000. Portside Wealth Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $351,000. Finally, GAMMA Investing LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $36,000.

Invesco NASDAQ 100 ETF Stock Up 0.7 %

Shares of NASDAQ:QQQM traded up $1.32 during midday trading on Friday, hitting $203.52. The stock had a trading volume of 1,661,280 shares, compared to its average volume of 1,837,028. Invesco NASDAQ 100 ETF has a 12 month low of $140.84 and a 12 month high of $207.24. The business’s 50-day simple moving average is $196.60 and its 200-day simple moving average is $191.36. The company has a market cap of $34.70 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.20 annualized dividend and a dividend yield of 0.59%.

About Invesco NASDAQ 100 ETF

(Free Report)

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.