Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 20.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,656 shares of the company’s stock after acquiring an additional 609 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Mather Group LLC. purchased a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $39,000. Quantbot Technologies LP purchased a new position in Invesco NASDAQ 100 ETF during the first quarter worth $265,000. Portside Wealth Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth $351,000. GAMMA Investing LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at $36,000. Finally, Blair William & Co. IL increased its position in Invesco NASDAQ 100 ETF by 2,885.8% during the 1st quarter. Blair William & Co. IL now owns 3,583 shares of the company’s stock worth $655,000 after purchasing an additional 3,463 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 2.4 %

Shares of QQQM stock opened at $204.35 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $157.44 and a twelve month high of $212.19. The company has a market capitalization of $34.82 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The firm has a 50-day moving average price of $201.00 and a 200 day moving average price of $194.94.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.59%.

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.