Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Cwm LLC

Cwm LLC boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 265.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,947 shares of the company’s stock after buying an additional 5,770 shares during the quarter. Cwm LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,339,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clearstead Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at $30,000. CVA Family Office LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $34,000. Addison Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $36,000. FinTrust Capital Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $42,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $42,000.

Invesco NASDAQ 100 ETF Stock Up 1.5 %

Shares of NASDAQ QQQM opened at $177.35 on Friday. The company’s 50-day simple moving average is $179.80 and its 200-day simple moving average is $168.77. Invesco NASDAQ 100 ETF has a 52-week low of $129.60 and a 52-week high of $184.88. The firm has a market cap of $22.87 billion, a price-to-earnings ratio of 35.17 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a $0.3454 dividend. The ex-dividend date was Monday, March 18th. This represents a $1.38 annualized dividend and a dividend yield of 0.78%.

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.