Keystone Wealth Services LLC Acquires New Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Keystone Wealth Services LLC bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,653 shares of the company’s stock, valued at approximately $533,000.

Several other institutional investors and hedge funds also recently bought and sold shares of QQQM. CarsonAllaria Wealth Management Ltd. acquired a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $27,000. M&R Capital Management Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $28,000. Massmutual Trust Co. FSB ADV acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $29,000. Triad Wealth Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $30,000. Finally, Creekmur Asset Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $32,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock traded down $2.73 during trading hours on Tuesday, hitting $202.02. The company had a trading volume of 1,809,379 shares, compared to its average volume of 1,841,806. The company’s fifty day moving average is $195.00 and its 200 day moving average is $190.86. Invesco NASDAQ 100 ETF has a fifty-two week low of $140.84 and a fifty-two week high of $207.24. The stock has a market capitalization of $34.19 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued 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%.

Invesco NASDAQ 100 ETF Company 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.