1,202 Shares in Invesco NASDAQ 100 ETF $QQQM Acquired by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,202 shares of the company’s stock, valued at approximately $273,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $90,815,000. Raymond James Financial Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 23.7% in the 1st quarter. Raymond James Financial Inc. now owns 2,201,585 shares of the company’s stock worth $424,950,000 after acquiring an additional 421,792 shares during the period. Jones Financial Companies Lllp boosted its holdings in Invesco NASDAQ 100 ETF by 48.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,262,644 shares of the company’s stock worth $243,791,000 after acquiring an additional 410,340 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco NASDAQ 100 ETF by 14.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,933,060 shares of the company’s stock worth $566,139,000 after acquiring an additional 368,544 shares during the period. Finally, Nissay Asset Management Corp Japan ADV boosted its holdings in Invesco NASDAQ 100 ETF by 88.5% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 578,345 shares of the company’s stock worth $111,632,000 after acquiring an additional 271,551 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.4%

NASDAQ QQQM opened at $245.37 on Friday. The stock has a market cap of $58.83 billion, a PE ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $248.17. The business has a 50 day moving average price of $237.14 and a two-hundred day moving average price of $217.30.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.