7,082 Shares in Invesco NASDAQ 100 ETF $QQQM Purchased by Triton Financial Group Inc

Triton Financial Group Inc bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,082 shares of the company’s stock, valued at approximately $1,608,000. Invesco NASDAQ 100 ETF accounts for approximately 1.2% of Triton Financial Group Inc’s portfolio, making the stock its 29th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Westwind Capital acquired a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at approximately $27,000. Pflug Koory LLC acquired a new stake in Invesco NASDAQ 100 ETF in the second quarter valued at approximately $32,000. NorthRock Partners LLC acquired a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at approximately $28,000. Crews Bank & Trust grew its holdings in Invesco NASDAQ 100 ETF by 328.6% in the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock valued at $29,000 after purchasing an additional 115 shares during the period. Finally, HHM Wealth Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 273.2% in the first quarter. HHM Wealth Advisors LLC now owns 153 shares of the company’s stock valued at $30,000 after purchasing an additional 112 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 1.3%

Shares of QQQM opened at $251.76 on Tuesday. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $252.42. The stock’s 50 day moving average is $242.09 and its two-hundred day moving average is $223.41. The firm has a market cap of $65.11 billion, a P/E ratio of 31.95 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a $0.3025 dividend. This represents a $1.21 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, September 22nd.

Invesco NASDAQ 100 ETF Company 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.