WMS Group LLC Makes New Investment in Invesco Nasdaq Biotechnology ETF $IBBQ

WMS Group LLC purchased a new stake in Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 149,855 shares of the company’s stock, valued at approximately $4,255,000. Invesco Nasdaq Biotechnology ETF accounts for about 5.4% of WMS Group LLC’s portfolio, making the stock its 4th largest position. WMS Group LLC owned about 5.97% of Invesco Nasdaq Biotechnology ETF as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC purchased a new stake in Invesco Nasdaq Biotechnology ETF during the 4th quarter worth about $1,220,000. Independent Advisor Alliance acquired a new stake in shares of Invesco Nasdaq Biotechnology ETF during the 4th quarter worth about $653,000. GeoWealth Management LLC acquired a new stake in shares of Invesco Nasdaq Biotechnology ETF during the 3rd quarter worth about $451,000. Orion Porfolio Solutions LLC purchased a new stake in Invesco Nasdaq Biotechnology ETF during the fourth quarter worth approximately $392,000. Finally, CreativeOne Wealth LLC purchased a new stake in Invesco Nasdaq Biotechnology ETF during the fourth quarter worth approximately $286,000.

Invesco Nasdaq Biotechnology ETF Price Performance

Shares of IBBQ opened at $29.98 on Friday. The stock has a 50 day moving average price of $29.49 and a 200 day moving average price of $29.14. The company has a market capitalization of $67.75 million, a price-to-earnings ratio of 17.03 and a beta of 0.62. Invesco Nasdaq Biotechnology ETF has a 52-week low of $20.67 and a 52-week high of $30.50.

Invesco Nasdaq Biotechnology ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.0342 per share. The ex-dividend date is Monday, June 22nd.

About Invesco Nasdaq Biotechnology ETF

(Free Report)

The Invesco Nasdaq Biotechnology ETF (IBBQ) is an exchange-traded fund that is based on the NASDAQ / Biotechnology index, a modified market-cap-weighted index of US biotechnology and pharmaceutical companies listed on the NASDAQ. IBBQ was launched on Jun 11, 2021 and is managed by Invesco.

Further Reading

Institutional Ownership by Quarter for Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ)

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