Oxler Private Wealth LLC Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Oxler Private Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,157 shares of the company’s stock, valued at approximately $223,000.

A number of other hedge funds have also modified their holdings of the business. Union Bancaire Privee UBP SA purchased a new position in Invesco NASDAQ 100 ETF in the 1st quarter valued at $25,000. Westwind Capital acquired a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at $27,000. Crews Bank & Trust lifted its holdings in Invesco NASDAQ 100 ETF by 328.6% in the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after acquiring an additional 115 shares during the period. Nemes Rush Group LLC acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $32,000. Finally, Hughes Financial Services LLC acquired a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at $30,000.

Invesco NASDAQ 100 ETF Stock Up 0.2%

NASDAQ:QQQM opened at $233.14 on Monday. The company has a market capitalization of $55.76 billion, a PE ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $233.67. The stock has a fifty day simple moving average of $221.95 and a 200-day simple moving average of $209.46.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.3161 per share. This represents a $1.26 annualized dividend and a dividend yield of 0.54%. The ex-dividend date was Monday, June 23rd. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

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.