jvl associates llc buys new shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

jvl associates llc acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 8,711 shares of the company’s stock, valued at approximately $1,750,000. Invesco NASDAQ 100 ETF comprises 0.7% of jvl associates llc’s investment portfolio, making the stock its 22nd largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in QQQM. CarsonAllaria Wealth Management Ltd. bought a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at $27,000. M&R Capital Management Inc. purchased a new position in Invesco NASDAQ 100 ETF in the first quarter worth about $28,000. Massmutual Trust Co. FSB ADV bought a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $29,000. Triad Wealth Partners LLC purchased a new stake in Invesco NASDAQ 100 ETF during the second quarter valued at about $30,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $32,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF traded up $2.36 during midday trading on Friday, reaching $200.56. 1,667,469 shares of the company exchanged hands, compared to its average volume of 1,855,991. The firm has a 50-day simple moving average of $193.06 and a 200-day simple moving average of $189.79. The firm has a market cap of $33.79 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $140.84 and a 52-week high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividends

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.30 dividend. This represents an annualized dividend of $1.20 and a dividend yield of 0.60%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco NASDAQ 100 ETF Company Profile

(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 narrowly adjusted market capitalization weighted index of 100 NASDAQ-listed stocks, excluding financial instruments. QQQM was launched on 13 October 2020 and is managed by Invesco.

See Also

Want to see what other hedge funds own QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report).

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