Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Purchased by Marshall Financial Group LLC

Marshall Financial Group LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.9% in the 3rd quarter, Holdings Channel reports. The fund owned 4,612 shares of the company’s stock after purchasing an additional 296 shares during the period. Marshall Financial Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $926,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in QQQM. CarsonAllaria Wealth Management Ltd. purchased a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth $27,000. Massmutual Trust Co. FSB ADV acquired a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth about $29,000. Triad Wealth Partners LLC purchased a new position in Invesco NASDAQ 100 ETF in the second quarter valued at about $30,000. GAMMA Investing LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $36,000. Finally, Rothschild Investment LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $36,000.

Invesco NASDAQ 100 ETF Trading Up 0.1 %

Invesco NASDAQ 100 ETF stock opened at $202.20 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $140.84 and a 52 week high of $207.24. The stock has a market cap of $34.48 billion, a P/E ratio of 34.39 and a beta of 1.18. The stock has a 50 day moving average of $196.24 and a 200-day moving average of $191.15.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend was Monday, September 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.