Cvfg LLC Buys Shares of 16,923 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Cvfg LLC purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,923 shares of the company’s stock, valued at approximately $3,561,000. Invesco NASDAQ 100 ETF comprises approximately 3.2% of Cvfg LLC’s holdings, making the stock its 8th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in QQQM. Massmutual Trust Co. FSB ADV purchased a new position in Invesco NASDAQ 100 ETF during the third quarter worth $29,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Kieckhefer Group LLC acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $32,000. Mendota Financial Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $40,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $43,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $211.22 on Friday. The company has a 50-day simple moving average of $212.32 and a 200-day simple moving average of $202.42. The company has a market cap of $39.11 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $165.86 and a 12 month high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3103 dividend. The ex-dividend date was Monday, December 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.