Inscription Capital LLC Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Inscription Capital LLC purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,599 shares of the company’s stock, valued at approximately $292,000.

Other hedge funds have also recently modified their holdings of the company. Seneca House Advisors grew its position in Invesco NASDAQ 100 ETF by 5.2% during the 1st quarter. Seneca House Advisors now owns 1,188 shares of the company’s stock worth $229,000 after purchasing an additional 59 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of Invesco NASDAQ 100 ETF by 4.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,701 shares of the company’s stock worth $358,000 after buying an additional 67 shares during the period. Eagle Strategies LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 0.8% during the fourth quarter. Eagle Strategies LLC now owns 8,494 shares of the company’s stock valued at $1,788,000 after buying an additional 70 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of Invesco NASDAQ 100 ETF by 1.3% during the fourth quarter. Captrust Financial Advisors now owns 5,762 shares of the company’s stock valued at $1,213,000 after buying an additional 74 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 17.7% in the 4th quarter. First Horizon Advisors Inc. now owns 638 shares of the company’s stock valued at $134,000 after acquiring an additional 96 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $217.80 on Thursday. The business has a fifty day moving average of $204.82 and a 200 day moving average of $207.20. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $222.64. The firm has a market capitalization of $46.46 billion, a price-to-earnings ratio of 32.67 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.