Atlantic Union Bankshares Corp Takes Position in Invesco NASDAQ 100 ETF $QQQM

Atlantic Union Bankshares Corp bought a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 815 shares of the company’s stock, valued at approximately $185,000.

Several other institutional investors and hedge funds also recently bought and sold shares of QQQM. Bison Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $393,000. Capstone Wealth Management Group LLC increased its holdings in Invesco NASDAQ 100 ETF by 9.6% in the 1st quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock worth $7,129,000 after acquiring an additional 3,220 shares in the last quarter. Brown Advisory Inc. bought a new stake in Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $203,000. BankPlus Trust Department purchased a new position in Invesco NASDAQ 100 ETF during the first quarter valued at approximately $33,000. Finally, Q3 Asset Management bought a new position in shares of Invesco NASDAQ 100 ETF in the first quarter worth approximately $2,395,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $251.06 on Monday. The stock has a market cap of $65.76 billion, a PE ratio of 31.95 and a beta of 1.16. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $262.23. The firm has a fifty day moving average price of $247.56 and a 200-day moving average price of $230.85.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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.