VCI Wealth Management LLC Invests $218,000 in Invesco NASDAQ 100 ETF $QQQM

VCI Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 958 shares of the company’s stock, valued at approximately $218,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Westwind Capital acquired a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $27,000. Pflug Koory LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $32,000. NorthRock Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $28,000. Crews Bank & Trust boosted 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 during the last quarter. Finally, HHM Wealth Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 273.2% during the 1st quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock worth $30,000 after purchasing an additional 112 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $251.76 on Tuesday. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $252.42. The stock has a market capitalization of $65.11 billion, a PE ratio of 31.95 and a beta of 1.18. The business’s 50 day moving average price is $242.09 and its 200 day moving average price is $223.41.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.