Precision Wealth Strategies LLC Buys 1,050 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Precision Wealth Strategies LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 43.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,455 shares of the company’s stock after buying an additional 1,050 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 0.6% of Precision Wealth Strategies LLC’s investment portfolio, making the stock its 27th largest holding. Precision Wealth Strategies LLC’s holdings in Invesco NASDAQ 100 ETF were worth $694,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of QQQM. Mather Group LLC. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth $39,000. Quantbot Technologies LP purchased a new stake in Invesco NASDAQ 100 ETF in the 1st quarter valued at about $265,000. Sequoia Financial Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 1st quarter valued at about $204,000. Portside Wealth Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $351,000. Finally, GAMMA Investing LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $36,000.

Invesco NASDAQ 100 ETF Trading Up 0.2 %

Shares of Invesco NASDAQ 100 ETF stock opened at $203.89 on Tuesday. The firm has a market capitalization of $34.77 billion, a P/E ratio of 34.39 and a beta of 1.18. The business’s fifty day simple moving average is $196.96 and its 200 day simple moving average is $191.60. Invesco NASDAQ 100 ETF has a 12 month low of $140.84 and a 12 month high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

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