Cwm LLC Purchases 942 Shares of Invesco NASDAQ 100 ETF $QQQM

Cwm LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,101 shares of the company’s stock after buying an additional 942 shares during the period. Cwm LLC’s holdings in Invesco NASDAQ 100 ETF were worth $19,554,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Westwind Capital bought a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $27,000. Pflug Koory LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at $32,000. NorthRock Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the first quarter valued at about $28,000. Crews Bank & Trust raised its position in 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 buying an additional 115 shares during the last quarter. Finally, HHM Wealth Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 273.2% during the first quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock valued at $30,000 after purchasing an additional 112 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $242.67 on Monday. The company has a 50 day moving average price of $240.37 and a 200-day moving average price of $220.94. The firm has a market cap of $62.41 billion, a price-to-earnings ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $252.42.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a $0.3025 dividend. This represents a $1.21 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, September 22nd.

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.