Vise Technologies Inc. Acquires 9,273 Shares of Invesco NASDAQ 100 ETF $QQQM

Vise Technologies Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 315.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,211 shares of the company’s stock after acquiring an additional 9,273 shares during the quarter. Vise Technologies Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $3,089,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Comprehensive Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 8.3% during the 4th quarter. Comprehensive Wealth Management LLC now owns 9,527 shares of the company’s stock worth $2,410,000 after acquiring an additional 728 shares during the period. Continuum Advisory LLC boosted its stake in Invesco NASDAQ 100 ETF by 7.0% in the 4th quarter. Continuum Advisory LLC now owns 3,434 shares of the company’s stock valued at $869,000 after purchasing an additional 226 shares during the period. Avalon Capital Management bought a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at $420,000. Cibc World Market Inc. grew its holdings in Invesco NASDAQ 100 ETF by 6.8% in the 4th quarter. Cibc World Market Inc. now owns 12,431 shares of the company’s stock valued at $3,144,000 after buying an additional 795 shares in the last quarter. Finally, Greenspring Advisors LLC bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth $372,000.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $290.35 on Friday. The stock has a market capitalization of $87.16 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. The business’s fifty day moving average price is $274.56 and its two-hundred day moving average price is $259.83. Invesco NASDAQ 100 ETF has a fifty-two week low of $215.55 and a fifty-two week high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.