Christopher J. Hasenberg Inc Buys Shares of 30,229 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Christopher J. Hasenberg Inc purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, Holdings Channel reports. The firm purchased 30,229 shares of the company’s stock, valued at approximately $5,095,000. Invesco NASDAQ 100 ETF accounts for 2.8% of Christopher J. Hasenberg Inc’s portfolio, making the stock its 8th biggest position.

A number of other hedge funds also recently made changes to their positions in the business. Larson Financial Group LLC increased its stake in Invesco NASDAQ 100 ETF by 120.5% during the 4th quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 106 shares during the period. CVA Family Office LLC bought a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $34,000. Clearstead Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $30,000. Addison Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter worth approximately $36,000. Finally, Wetzel Investment Advisors Inc. bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at $42,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM traded up $0.71 during midday trading on Monday, reaching $178.06. The stock had a trading volume of 1,590,525 shares, compared to its average volume of 1,849,497. The company has a market capitalization of $22.89 billion, a P/E ratio of 35.17 and a beta of 1.18. The firm’s 50 day moving average price is $179.81 and its 200-day moving average price is $169.19. Invesco NASDAQ 100 ETF has a 52 week low of $129.60 and a 52 week high of $184.88.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a $0.3454 dividend. This represents a $1.38 annualized dividend and a yield of 0.78%. The ex-dividend date was Monday, March 18th.

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.