Investor s Fiduciary Advisor Network LLC Invests $265,000 in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Investor s Fiduciary Advisor Network LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,264 shares of the company’s stock, valued at approximately $265,000.

A number of other hedge funds also recently modified their holdings of QQQM. Financial Management Professionals Inc. acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth about $25,000. Nemes Rush Group LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth about $32,000. Kieckhefer Group LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth about $32,000. Tucker Asset Management LLC raised its stake in Invesco NASDAQ 100 ETF by 122.0% in the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock worth $43,000 after purchasing an additional 111 shares in the last quarter. Finally, Blue Trust Inc. acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth about $49,000.

Invesco NASDAQ 100 ETF Stock Down 0.0%

Shares of Invesco NASDAQ 100 ETF stock opened at $200.96 on Monday. Invesco NASDAQ 100 ETF has a twelve month low of $165.72 and a twelve month high of $222.64. The company has a 50-day simple moving average of $192.60 and a two-hundred day simple moving average of $205.58. The stock has a market capitalization of $42.87 billion, a price-to-earnings ratio of 27.89 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.3176 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

Invesco NASDAQ 100 ETF Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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