Taylor Financial Group Inc. Buys 380 Shares of Invesco NASDAQ 100 ETF $QQQM

Taylor Financial Group Inc. boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 12.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,435 shares of the company’s stock after purchasing an additional 380 shares during the quarter. Taylor Financial Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $780,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in QQQM. Pflug Koory LLC bought a new position in Invesco NASDAQ 100 ETF during the second quarter valued at approximately $32,000. NorthRock Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $28,000. HHM Wealth Advisors LLC raised 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 acquiring an additional 112 shares in the last quarter. Hughes Financial Services LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $30,000. Finally, PrairieView Partners LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 400.0% during the 2nd quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock worth $37,000 after acquiring an additional 132 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $258.58 on Tuesday. The company’s fifty day moving average is $243.56 and its 200 day moving average is $225.96. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $258.77. The stock has a market capitalization of $67.42 billion, a PE ratio of 31.95 and a beta of 1.16.

Invesco NASDAQ 100 ETF Cuts Dividend

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

About Invesco NASDAQ 100 ETF

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.