3,310 Shares in Invesco NASDAQ 100 ETF $QQQM Acquired by ORBA Wealth Advisors L.L.C.

ORBA Wealth Advisors L.L.C. purchased a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,310 shares of the company’s stock, valued at approximately $1,003,000. Invesco NASDAQ 100 ETF accounts for about 0.9% of ORBA Wealth Advisors L.L.C.’s investment portfolio, making the stock its 26th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Garner Asset Management Corp bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $25,000. Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth $31,000. Investors Research Corp bought a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at $38,000. SJS Investment Consulting Inc. bought a new stake in Invesco NASDAQ 100 ETF during the 1st quarter valued at $40,000. Finally, Osbon Capital Management LLC bought a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at $41,000.

Invesco NASDAQ 100 ETF Stock Up 1.2%

Shares of QQQM opened at $301.41 on Friday. The stock has a market capitalization of $103.46 billion, a P/E ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $308.21. The firm has a fifty day simple moving average of $293.38 and a two-hundred day simple moving average of $273.55.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.3522 per share. This represents a $1.41 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

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.

See Also

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

Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.