Rare Wolf Capital LLC Purchases Shares of 10,479 Invesco NASDAQ 100 ETF $QQQM

Rare Wolf Capital LLC acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 2nd quarter, HoldingsChannel reports. The fund acquired 10,479 shares of the company’s stock, valued at approximately $114,000.

Several other large investors also recently made changes to their positions in QQQM. Ridgeline Wealth Planning LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 4.4% during the 1st quarter. Ridgeline Wealth Planning LLC now owns 886 shares of the company’s stock valued at $211,000 after acquiring an additional 37 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Invesco NASDAQ 100 ETF by 3.6% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,213 shares of the company’s stock valued at $368,000 after purchasing an additional 42 shares in the last quarter. Archer Investment Corp raised its position in Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after purchasing an additional 44 shares during the period. Jacobi Capital Management LLC raised its position in Invesco NASDAQ 100 ETF by 3.4% in the fourth quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock valued at $336,000 after purchasing an additional 44 shares during the period. Finally, Glen Eagle Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 28.8% during the first quarter. Glen Eagle Advisors LLC now owns 201 shares of the company’s stock worth $48,000 after purchasing an additional 45 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $301.41 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $228.75 and a 1-year high of $308.21. The business has a 50-day moving average of $293.38 and a 200-day moving average of $273.55. The company has a market capitalization of $103.46 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Dividend Announcement

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