Baring Financial LLC Takes $892,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Baring Financial LLC purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,238 shares of the company’s stock, valued at approximately $892,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Financial Management Professionals Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $25,000. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $29,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $32,000. Finally, Mendota Financial Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $40,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $214.44 on Thursday. The company has a market cap of $41.93 billion, a PE ratio of 34.39 and a beta of 1.18. The company has a 50-day simple moving average of $213.45 and a 200-day simple moving average of $203.15. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $221.92.

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 $0.3103 dividend. The ex-dividend date was Monday, December 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.