Invesco NASDAQ 100 ETF $QQQM Shares Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 83.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,327 shares of the company’s stock after buying an additional 4,689 shares during the quarter. Founders Financial Securities LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,594,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Garner Asset Management Corp purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth $25,000. Imprint Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Osbon Capital Management LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at about $41,000. Bank & Trust Co purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at about $46,000. Finally, Monetary Solutions Ltd purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at about $50,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $304.52 on Friday. Invesco NASDAQ 100 ETF has a fifty-two week low of $215.55 and a fifty-two week high of $308.21. The firm has a market capitalization of $91.41 billion, a PE ratio of 31.95 and a beta of 1.23. The stock’s 50-day simple moving average is $286.28 and its 200-day simple moving average is $263.28.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 22nd will be given a $0.3522 dividend. The ex-dividend date is Monday, June 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.