Pflug Koory LLC Invests $32,000 in Invesco NASDAQ 100 ETF $QQQM

Pflug Koory LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 140 shares of the company’s stock, valued at approximately $32,000.

A number of other institutional investors also recently modified their holdings of the company. National Mutual Insurance Federation of Agricultural Cooperatives raised its stake in Invesco NASDAQ 100 ETF by 5.9% in the first quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,265,000 shares of the company’s stock worth $630,210,000 after buying an additional 182,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Invesco NASDAQ 100 ETF by 14.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,933,060 shares of the company’s stock worth $566,139,000 after buying an additional 368,544 shares in the last quarter. Raymond James Financial Inc. raised its stake in Invesco NASDAQ 100 ETF by 23.7% in the first quarter. Raymond James Financial Inc. now owns 2,201,585 shares of the company’s stock worth $424,950,000 after buying an additional 421,792 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Invesco NASDAQ 100 ETF by 4.5% in the first quarter. Ameriprise Financial Inc. now owns 1,597,517 shares of the company’s stock worth $308,288,000 after buying an additional 68,935 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in Invesco NASDAQ 100 ETF by 48.1% in the first quarter. Jones Financial Companies Lllp now owns 1,262,644 shares of the company’s stock worth $243,791,000 after buying an additional 410,340 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $248.32 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $165.72 and a 1 year high of $249.99. The company has a market cap of $63.69 billion, a P/E ratio of 31.95 and a beta of 1.18. The firm has a 50-day moving average of $238.71 and a 200 day moving average of $218.94.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a $0.3025 dividend. This represents a $1.21 dividend on an annualized basis 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.