Financial & Tax Architects LLC Acquires Shares of 5,421 Invesco NASDAQ 100 ETF $QQQM

Financial & Tax Architects LLC bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,421 shares of the company’s stock, valued at approximately $1,288,000.

Other hedge funds also recently made changes to their positions in the company. Garner Asset Management Corp purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth about $25,000. Imprint Wealth LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000. Osbon Capital Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $41,000. SJS Investment Consulting Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $40,000. Finally, Bank & Trust Co purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM opened at $302.97 on Wednesday. Invesco NASDAQ 100 ETF has a 1-year low of $224.19 and a 1-year high of $308.21. The business has a fifty day moving average price of $291.63 and a 200-day moving average price of $265.29. The company has a market capitalization of $90.95 billion, a PE ratio of 31.95 and a beta of 1.23.

Invesco NASDAQ 100 ETF Announces Dividend

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

About Invesco NASDAQ 100 ETF

(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.

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

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