Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Flagship Private Wealth LLC

Flagship Private Wealth LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 24.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 5,176 shares of the company’s stock after acquiring an additional 1,021 shares during the period. Flagship Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,040,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of QQQM. Sequoia Financial Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $204,000. Janney Montgomery Scott LLC boosted its holdings in Invesco NASDAQ 100 ETF by 38.6% in the first quarter. Janney Montgomery Scott LLC now owns 31,264 shares of the company’s stock valued at $5,712,000 after purchasing an additional 8,709 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Invesco NASDAQ 100 ETF during the 1st quarter worth $346,000. Larson Financial Group LLC grew its stake in Invesco NASDAQ 100 ETF by 147.4% during the 1st quarter. Larson Financial Group LLC now owns 480 shares of the company’s stock worth $88,000 after purchasing an additional 286 shares in the last quarter. Finally, Advisory Services Network LLC increased its holdings in Invesco NASDAQ 100 ETF by 42.6% during the 1st quarter. Advisory Services Network LLC now owns 23,129 shares of the company’s stock worth $4,225,000 after purchasing an additional 6,913 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $202.58 on Wednesday. The business’s 50-day moving average is $198.51 and its two-hundred day moving average is $193.47. The firm has a market capitalization of $34.52 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $150.95 and a 1 year high of $207.24.

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 issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.20 annualized dividend and a yield of 0.59%.

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.