RiverFront Investment Group LLC Purchases 782 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

RiverFront Investment Group LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,029 shares of the company’s stock after acquiring an additional 782 shares during the period. RiverFront Investment Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,846,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Financial Management Professionals Inc. bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $25,000. Legacy Investment Solutions LLC bought a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth about $31,000. Kieckhefer Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $32,000. Blue Trust Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at about $49,000. Finally, Hobbs Group Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 257.1% during the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after purchasing an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $193.08 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64. The firm has a market cap of $38.34 billion, a PE ratio of 30.79 and a beta of 1.18. The company has a 50 day simple moving average of $209.34 and a two-hundred day simple moving average of $207.79.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.3176 per share. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

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.