Goodman Advisory Group LLC Purchases Shares of 5,757 Invesco NASDAQ 100 ETF $QQQM

Goodman Advisory Group LLC purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 3rd quarter, HoldingsChannel reports. The fund purchased 5,757 shares of the company’s stock, valued at approximately $1,423,000.

A number of other hedge funds also recently made changes to their positions in the stock. Bison Wealth LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $393,000. Capstone Wealth Management Group LLC boosted its holdings in Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Invesco NASDAQ 100 ETF by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after purchasing an additional 819 shares during the period. Empowered Funds LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 1st quarter valued at approximately $742,000. Finally, Valeo Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $534,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $246.97 on Friday. The firm has a market cap of $70.84 billion, a price-to-earnings ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $262.23. The firm has a 50 day moving average price of $253.05 and a two-hundred day moving average price of $250.10.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.323 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

Invesco NASDAQ 100 ETF 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.