Falcon Wealth Planning Acquires Shares of 1,851 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Falcon Wealth Planning bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,851 shares of the company’s stock, valued at approximately $372,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. CarsonAllaria Wealth Management Ltd. acquired a new stake in Invesco NASDAQ 100 ETF in the 2nd quarter worth about $27,000. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter worth approximately $29,000. Triad Wealth Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth approximately $30,000. GAMMA Investing LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter worth approximately $36,000. Finally, Rothschild Investment LLC acquired a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at $36,000.

Invesco NASDAQ 100 ETF Stock Up 0.9 %

Shares of Invesco NASDAQ 100 ETF stock traded up $1.78 during trading hours on Tuesday, reaching $201.80. 362,980 shares of the company’s stock were exchanged, compared to its average volume of 1,822,367. The business has a fifty day moving average of $198.38 and a two-hundred day moving average of $193.24. The company has a market capitalization of $34.39 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $150.95 and a 1 year high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.