1,145 Shares in Invesco NASDAQ 100 ETF $QQQM Purchased by Clarendon Private LLC

Clarendon Private LLC purchased a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,145 shares of the company’s stock, valued at approximately $260,000.

A number of other hedge funds have also bought and sold shares of the company. Sequoia Financial Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 91.6% in the first quarter. Sequoia Financial Advisors LLC now owns 2,656 shares of the company’s stock valued at $513,000 after acquiring an additional 1,270 shares during the period. Mather Group LLC. boosted its stake in Invesco NASDAQ 100 ETF by 80.6% in the first quarter. Mather Group LLC. now owns 168 shares of the company’s stock valued at $32,000 after acquiring an additional 75 shares during the period. San Luis Wealth Advisors LLC acquired a new position in Invesco NASDAQ 100 ETF in the second quarter valued at approximately $1,932,000. Savvy Advisors Inc. boosted its stake in Invesco NASDAQ 100 ETF by 18.0% in the first quarter. Savvy Advisors Inc. now owns 2,608 shares of the company’s stock valued at $503,000 after acquiring an additional 398 shares during the period. Finally, Brown Advisory Inc. acquired a new position in Invesco NASDAQ 100 ETF in the first quarter valued at approximately $203,000.

Invesco NASDAQ 100 ETF Stock Down 3.5%

Shares of QQQM stock opened at $242.67 on Friday. The business has a 50 day moving average of $240.37 and a two-hundred day moving average of $220.79. Invesco NASDAQ 100 ETF has a 52 week low of $165.72 and a 52 week high of $252.42. The company has a market cap of $62.39 billion, a P/E ratio of 31.95 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders 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 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.