Austin Wealth Management LLC Has $428,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Austin Wealth Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 14.6% during the 3rd quarter, Holdings Channel reports. The firm owned 2,162 shares of the company’s stock after purchasing an additional 275 shares during the quarter. Austin Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Mather Group LLC. acquired a new position in shares of Invesco NASDAQ 100 ETF in the second quarter valued at $39,000. Quantbot Technologies LP bought a new position in Invesco NASDAQ 100 ETF during the first quarter worth about $265,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth $204,000. Portside Wealth Group LLC acquired a new position in Invesco NASDAQ 100 ETF in the second quarter valued at about $351,000. Finally, GAMMA Investing LLC acquired a new position in Invesco NASDAQ 100 ETF in the second quarter valued at about $36,000.

Invesco NASDAQ 100 ETF Trading Down 1.8 %

Invesco NASDAQ 100 ETF stock traded down $3.70 during trading hours on Thursday, reaching $200.61. 433,137 shares of the stock were exchanged, compared to its average volume of 1,821,926. The stock has a 50 day moving average of $198.16 and a two-hundred day moving average of $192.62. The company has a market cap of $34.37 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $142.62 and a twelve month high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.60%.

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.

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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)

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