Brand Asset Management Group Inc. Acquires 100 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Brand Asset Management Group Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,499 shares of the company’s stock after acquiring an additional 100 shares during the period. Brand Asset Management Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $947,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Massmutual Trust Co. FSB ADV acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at $29,000. Legacy Investment Solutions LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Kieckhefer Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $32,000. Mendota Financial Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $40,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $43,000.

Invesco NASDAQ 100 ETF Stock Up 1.7 %

Shares of NASDAQ QQQM opened at $214.78 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $168.46 and a twelve month high of $221.92. The business’s 50 day moving average price is $212.38 and its two-hundred day moving average price is $202.53. The company has a market cap of $39.76 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.