Hunter Associates Investment Management LLC Has $21.79 Million Position in Invesco NASDAQ 100 ETF $QQQM

Hunter Associates Investment Management LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,849 shares of the company’s stock after purchasing an additional 2,865 shares during the period. Invesco NASDAQ 100 ETF comprises about 2.9% of Hunter Associates Investment Management LLC’s portfolio, making the stock its 6th largest position. Hunter Associates Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $21,792,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Bison Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $393,000. Capstone Wealth Management Group LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 9.6% in the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after acquiring an additional 819 shares during the last quarter. Empowered Funds LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the first quarter valued at approximately $742,000. Finally, Valeo Financial Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the second quarter worth $534,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $293.42 on Friday. The stock’s fifty day simple moving average is $293.32 and its two-hundred day simple moving average is $266.06. Invesco NASDAQ 100 ETF has a 1-year low of $226.25 and a 1-year high of $308.21. The stock has a market cap of $98.04 billion, a P/E ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

About Invesco NASDAQ 100 ETF

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.