Well Done LLC Acquires Shares of 3,830 Invesco NASDAQ 100 ETF $QQQM

Well Done LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,830 shares of the company’s stock, valued at approximately $870,000.

Several other hedge funds also recently made changes to their positions in QQQM. Union Bancaire Privee UBP SA acquired a new stake in Invesco NASDAQ 100 ETF during the first quarter worth approximately $25,000. Westwind Capital acquired a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at $27,000. NorthRock Partners LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter valued at $28,000. Crews Bank & Trust grew its holdings in shares of Invesco NASDAQ 100 ETF by 328.6% during the 1st quarter. Crews Bank & Trust now owns 150 shares of the company’s stock worth $29,000 after purchasing an additional 115 shares in the last quarter. Finally, Hughes Financial Services LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the first quarter worth $30,000.

Invesco NASDAQ 100 ETF Trading Down 0.3%

Shares of NASDAQ:QQQM opened at $245.39 on Thursday. The firm has a 50 day moving average of $236.59 and a 200-day moving average of $216.46. The stock has a market capitalization of $58.83 billion, a PE ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $248.17.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Monday, September 22nd will be given a dividend of $0.3025 per share. This represents a $1.21 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, September 22nd.

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.