Pflug Koory LLC Buys Shares of 140 Invesco NASDAQ 100 ETF $QQQM

Pflug Koory LLC bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 140 shares of the company’s stock, valued at approximately $32,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Union Bancaire Privee UBP SA bought a new position in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $25,000. Westwind Capital bought a new position in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $27,000. NorthRock Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $28,000. Crews Bank & Trust increased its stake in shares of Invesco NASDAQ 100 ETF by 328.6% during the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares in the last quarter. Finally, HHM Wealth Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 273.2% during the first quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock valued at $30,000 after purchasing an additional 112 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $248.32 on Friday. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $249.99. The company has a 50 day simple moving average of $238.71 and a two-hundred day simple moving average of $218.94. The company has a market capitalization of $63.69 billion, a price-to-earnings ratio of 31.95 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a dividend of $0.3025 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $1.21 annualized dividend and a dividend yield of 0.5%.

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.