Vermillion Wealth Management Inc. Purchases 558 Shares of Invesco NASDAQ 100 ETF $QQQM

Vermillion Wealth Management Inc. boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 13,950.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 562 shares of the company’s stock after buying an additional 558 shares during the quarter. Vermillion Wealth Management Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Union Bancaire Privee UBP SA purchased a new stake in Invesco NASDAQ 100 ETF in the 1st quarter worth about $25,000. Westwind Capital bought a new position in Invesco NASDAQ 100 ETF during the first quarter worth about $27,000. NorthRock Partners LLC bought a new position in Invesco NASDAQ 100 ETF during the first quarter worth about $28,000. Crews Bank & Trust increased its stake in shares of Invesco NASDAQ 100 ETF by 328.6% in the first quarter. Crews Bank & Trust now owns 150 shares of the company’s stock worth $29,000 after purchasing an additional 115 shares in the last quarter. Finally, Hughes Financial Services LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the first quarter valued at approximately $30,000.

Invesco NASDAQ 100 ETF Trading Up 0.4%

Shares of QQQM stock opened at $245.37 on Monday. The firm’s 50 day moving average is $237.14 and its 200 day moving average is $217.47. The stock has a market capitalization of $58.83 billion, a P/E ratio of 31.95 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $248.17.

Invesco NASDAQ 100 ETF Cuts Dividend

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

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 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.

See Also

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Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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