Blue Edge Capital LLC Purchases 5,309 Shares of Invesco NASDAQ 100 ETF $QQQM

Blue Edge Capital LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 29.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,072 shares of the company’s stock after purchasing an additional 5,309 shares during the period. Blue Edge Capital LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,702,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Bouchey Financial Group Ltd bought a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at $212,000. Barclays PLC increased its holdings in Invesco NASDAQ 100 ETF by 18.1% during the 3rd quarter. Barclays PLC now owns 138,602 shares of the company’s stock worth $34,251,000 after purchasing an additional 21,269 shares in the last quarter. Smith Moore & CO. grew its stake in shares of Invesco NASDAQ 100 ETF by 10.5% during the 3rd quarter. Smith Moore & CO. now owns 20,224 shares of the company’s stock worth $4,998,000 after acquiring an additional 1,919 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in Invesco NASDAQ 100 ETF by 4.4% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 81,708 shares of the company’s stock worth $20,192,000 after buying an additional 3,420 shares in the last quarter. Finally, IFG Advisory LLC boosted its position in Invesco NASDAQ 100 ETF by 10.3% during the third quarter. IFG Advisory LLC now owns 23,173 shares of the company’s stock valued at $5,727,000 after purchasing an additional 2,173 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $250.72 on Friday. The company’s 50-day moving average is $253.25 and its 200-day moving average is $249.93. The firm has a market capitalization of $71.92 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.323 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.29 dividend on an annualized basis and a dividend yield of 0.5%.

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.