Blue Jean Financial LLC Takes Position in Invesco NASDAQ 100 ETF $QQQM

Blue Jean Financial LLC purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,607 shares of the company’s stock, valued at approximately $1,418,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Garner Asset Management Corp purchased a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $25,000. New Millennium Group LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 671.4% in 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 in the last quarter. Abich Financial Wealth Management LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Finally, Bank & Trust Co purchased a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Stock Up 0.7%

Shares of Invesco NASDAQ 100 ETF stock opened at $297.01 on Friday. Invesco NASDAQ 100 ETF has a twelve month low of $215.55 and a twelve month high of $308.21. The business has a 50-day moving average price of $280.33 and a 200 day moving average price of $261.51. The firm has a market cap of $89.16 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.