RMR Wealth Builders Acquires Shares of 1,276 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

RMR Wealth Builders bought a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, Holdings Channel.com reports. The firm bought 1,276 shares of the company’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clearstead Advisors LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $30,000. Larson Financial Group LLC increased its position in Invesco NASDAQ 100 ETF by 120.5% during the 4th quarter. Larson Financial Group LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 106 shares during the period. CVA Family Office LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $34,000. Addison Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $36,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $42,000.

Invesco NASDAQ 100 ETF Stock Down 0.1 %

QQQM stock traded down $0.11 on Wednesday, reaching $181.08. 817,433 shares of the company’s stock were exchanged, compared to its average volume of 1,805,990. The stock has a fifty day moving average of $179.73 and a 200-day moving average of $170.45. The firm has a market cap of $23.48 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $132.15 and a twelve month high of $184.88.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.3454 per share. The ex-dividend date was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.76%.

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.