Evanson Financial LLC Buys New Position in Invesco NASDAQ 100 ETF $QQQM

Evanson Financial LLC bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 8,288 shares of the company’s stock, valued at approximately $2,511,000.

Other institutional investors have also added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $25,000. Imprint Wealth LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at about $31,000. Versant Capital Management Inc bought a new stake in Invesco NASDAQ 100 ETF during the second quarter valued at about $41,000. Osbon Capital Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $41,000. Finally, SJS Investment Consulting Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter valued at about $40,000.

Invesco NASDAQ 100 ETF Trading Down 0.4%

Shares of NASDAQ:QQQM opened at $294.26 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $228.75 and a 12-month high of $308.21. The company has a market cap of $101.01 billion, a PE ratio of 31.95 and a beta of 1.23. The stock has a 50 day moving average of $294.12 and a 200 day moving average of $272.01.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.3522 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report).

Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.