Ieq Capital LLC Purchases 4,218 Shares of Invesco NASDAQ 100 ETF $QQQM

Ieq Capital LLC boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 237,274 shares of the company’s stock after acquiring an additional 4,218 shares during the quarter. Ieq Capital LLC owned 0.10% of Invesco NASDAQ 100 ETF worth $53,885,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Pflug Koory LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth about $32,000. PrairieView Partners LLC increased its position in Invesco NASDAQ 100 ETF by 400.0% during the second quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock worth $37,000 after buying an additional 132 shares during the last quarter. ROSS JOHNSON & Associates LLC bought a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at approximately $42,000. Rosenberg Matthew Hamilton acquired a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $43,000. Finally, AlphaCore Capital LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 850.0% during the 2nd quarter. AlphaCore Capital LLC now owns 190 shares of the company’s stock worth $43,000 after acquiring an additional 170 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 0.3%

QQQM stock opened at $257.55 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $262.23. The business’s 50 day simple moving average is $252.54 and its 200 day simple moving average is $238.54. The firm has a market capitalization of $67.45 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a $0.3025 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 annualized dividend and a dividend yield of 0.5%.

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.