AMG National Trust Bank Raises Stock Position in Invesco NASDAQ 100 ETF $QQQM

AMG National Trust Bank lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 86.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,635 shares of the company’s stock after purchasing an additional 6,303 shares during the period. AMG National Trust Bank’s holdings in Invesco NASDAQ 100 ETF were worth $3,240,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Garner Asset Management Corp bought a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth $25,000. Imprint Wealth LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Osbon Capital Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $41,000. SJS Investment Consulting Inc. purchased a new position in Invesco NASDAQ 100 ETF during the 1st quarter valued at about $40,000. Finally, Bank & Trust Co purchased a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at about $46,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $296.31 on Wednesday. The firm has a market capitalization of $99.78 billion, a P/E ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a one year low of $227.00 and a one year high of $308.21. The company’s 50-day simple moving average is $296.41 and its 200 day simple moving average is $268.26.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.