Box Hill Private Wealth LLC Acquires 2,117 Shares of Invesco NASDAQ 100 ETF $QQQM

Box Hill Private Wealth LLC increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,102 shares of the company’s stock after buying an additional 2,117 shares during the period. Invesco NASDAQ 100 ETF accounts for 2.0% of Box Hill Private Wealth LLC’s holdings, making the stock its 14th largest position. Box Hill Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,455,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc acquired a new stake in Invesco NASDAQ 100 ETF during the second quarter worth approximately $41,000. Global Wealth Strategies & Associates raised its holdings in Invesco NASDAQ 100 ETF by 4.3% in the 2nd quarter. Global Wealth Strategies & Associates now owns 117,650 shares of the company’s stock valued at $35,644,000 after acquiring an additional 4,842 shares in the last quarter. Robinswood Financial LLC acquired a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at $1,091,000. Pine Valley Investments Ltd Liability Co lifted its position in shares of Invesco NASDAQ 100 ETF by 2.4% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 25,076 shares of the company’s stock valued at $5,959,000 after acquiring an additional 585 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 286.4% during the 1st quarter. Parallel Advisors LLC now owns 4,830 shares of the company’s stock valued at $1,148,000 after acquiring an additional 3,580 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $288.27 on Tuesday. The firm has a market cap of $98.78 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a 52-week low of $228.75 and a 52-week high of $308.21. The business’s fifty day moving average is $294.45 and its 200-day moving average is $271.16.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3522 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.41 annualized dividend and a 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.