Flow Traders U.S. LLC Takes Position in Invesco NASDAQ 100 ETF $QQQM

Flow Traders U.S. LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 88,287 shares of the company’s stock, valued at approximately $21,817,000. Invesco NASDAQ 100 ETF comprises approximately 0.9% of Flow Traders U.S. LLC’s investment portfolio, making the stock its 15th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jackson Hole Capital Partners LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $25,000. Wolff Wiese Magana LLC acquired a new position in Invesco NASDAQ 100 ETF in the third quarter worth approximately $26,000. New Millennium Group LLC grew its position in Invesco NASDAQ 100 ETF by 671.4% in the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock worth $27,000 after buying an additional 94 shares during the last quarter. Trust Co. of Toledo NA OH bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at $28,000. Finally, Abich Financial Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at $31,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $244.45 on Monday. The company has a market capitalization of $70.12 billion, a PE ratio of 31.95 and a beta of 1.16. The stock has a fifty day moving average of $252.49 and a 200-day moving average of $250.70. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

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.