Invesco NASDAQ 100 ETF $QQQM Shares Bought by Bank of Montreal Can

Bank of Montreal Can lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 229.4% in the 2nd quarter, Holdings Channel reports. The fund owned 5,158 shares of the company’s stock after buying an additional 3,592 shares during the period. Bank of Montreal Can’s holdings in Invesco NASDAQ 100 ETF were worth $1,171,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Hutchens & Kramer Investment Management Group LLC acquired a new position in Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $913,000. Sigma Planning Corp increased its stake in shares of Invesco NASDAQ 100 ETF by 60.5% in the second quarter. Sigma Planning Corp now owns 14,383 shares of the company’s stock valued at $3,266,000 after purchasing an additional 5,422 shares during the period. Mission Wealth Management LP bought a new stake in shares of Invesco NASDAQ 100 ETF during the second quarter valued at approximately $206,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of Invesco NASDAQ 100 ETF by 184.4% during the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 78,853 shares of the company’s stock valued at $17,907,000 after buying an additional 51,127 shares during the last quarter. Finally, Atlas Private Wealth Advisors boosted its position in shares of Invesco NASDAQ 100 ETF by 0.5% during the second quarter. Atlas Private Wealth Advisors now owns 35,155 shares of the company’s stock worth $7,988,000 after buying an additional 170 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $250.65 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $262.23. The firm has a market capitalization of $65.65 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. The business has a 50 day simple moving average of $249.42 and a 200 day simple moving average of $232.42.

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. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 annualized dividend and a dividend yield of 0.5%.

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.