Sfmg LLC Purchases 5,834 Shares of Invesco NASDAQ 100 ETF $QQQM

Sfmg LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 291.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,839 shares of the company’s stock after purchasing an additional 5,834 shares during the period. Sfmg LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,983,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Garner Asset Management Corp bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. New Millennium Group LLC raised its position in shares of Invesco NASDAQ 100 ETF by 671.4% during the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares during the period. Abich Financial Wealth Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Imprint Wealth LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Finally, Bank & Trust Co bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $303.96 on Friday. The company has a market capitalization of $91.24 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. Invesco NASDAQ 100 ETF has a one year low of $210.80 and a one year high of $305.33. The company’s fifty day moving average price is $268.46 and its 200-day moving average price is $258.13.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.3277 dividend. The ex-dividend date was Monday, March 23rd. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. This is an increase from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

Invesco NASDAQ 100 ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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