1,243 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Purchased by American Financial Advisors LLC

Posted by Floyd Graber on Apr 20th, 2024

American Financial Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,243 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds have also recently bought and sold shares of QQQM. Clearstead Advisors LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $30,000. Wells Fargo & Company MN boosted its position in shares of Invesco NASDAQ 100 ETF by 578.0% in the 4th quarter. Wells Fargo & Company MN now owns 278 shares of the company’s stock valued at $30,000 after purchasing an additional 237 shares during the period. Salem Investment Counselors Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $32,000. CVA Family Office LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $34,000. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $35,000.

Invesco NASDAQ 100 ETF Stock Down 2.1 %

NASDAQ:QQQM opened at $170.63 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $127.47 and a 1-year high of $184.88. The firm has a market capitalization of $21.88 billion, a price-to-earnings ratio of 35.17 and a beta of 1.18. The stock has a fifty day simple moving average of $180.10 and a 200 day simple moving average of $167.85.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a dividend of $0.3454 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a yield of 0.81%.

About Invesco NASDAQ 100 ETF

(Free Report)

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.