Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Petix & Botte Co

Petix & Botte Co raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,353 shares of the company’s stock after purchasing an additional 6,841 shares during the quarter. Invesco NASDAQ 100 ETF comprises 2.9% of Petix & Botte Co’s investment portfolio, making the stock its 10th biggest position. Petix & Botte Co’s holdings in Invesco NASDAQ 100 ETF were worth $12,916,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in QQQM. Garner Asset Management Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at approximately $25,000. Imprint Wealth LLC acquired a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. SJS Investment Consulting Inc. purchased a new position in Invesco NASDAQ 100 ETF in the first quarter worth approximately $40,000. Osbon Capital Management LLC purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $41,000. Finally, Bank & Trust Co acquired a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth $46,000.

Invesco NASDAQ 100 ETF Stock Up 0.3%

NASDAQ:QQQM traded up $0.94 on Friday, reaching $298.72. The company’s stock had a trading volume of 2,619,746 shares, compared to its average volume of 4,542,785. Invesco NASDAQ 100 ETF has a 12-month low of $227.00 and a 12-month high of $308.21. The firm has a market cap of $99.94 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. The stock has a 50 day moving average price of $295.73 and a 200 day moving average price of $267.63.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm 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. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

Invesco NASDAQ 100 ETF Company Profile

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.