Box Hill Private Wealth LLC Purchases 2,117 Shares of Invesco NASDAQ 100 ETF $QQQM

Box Hill Private Wealth LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 35.4% during the second quarter, HoldingsChannel.com reports. The fund owned 8,102 shares of the company’s stock after buying an additional 2,117 shares during the quarter. Invesco NASDAQ 100 ETF makes up 2.0% of Box Hill Private Wealth LLC’s portfolio, making the stock its 14th biggest position. Box Hill Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in QQQM. Ridgeline Wealth Planning LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 4.4% during the 1st quarter. Ridgeline Wealth Planning LLC now owns 886 shares of the company’s stock worth $211,000 after buying an additional 37 shares in the last quarter. Archer Investment Corp grew its position in Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock valued at $580,000 after acquiring an additional 44 shares during the last quarter. Jacobi Capital Management LLC grew its position in Invesco NASDAQ 100 ETF by 3.4% in the fourth quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock valued at $336,000 after acquiring an additional 44 shares during the last quarter. Glen Eagle Advisors LLC raised its stake in Invesco NASDAQ 100 ETF by 28.8% during the first quarter. Glen Eagle Advisors LLC now owns 201 shares of the company’s stock worth $48,000 after acquiring an additional 45 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in Invesco NASDAQ 100 ETF by 7.3% during the first quarter. Blue Trust Inc. now owns 680 shares of the company’s stock worth $162,000 after acquiring an additional 46 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.8%

QQQM stock opened at $288.27 on Tuesday. The firm has a 50-day moving average price of $294.45 and a 200-day moving average price of $271.16. Invesco NASDAQ 100 ETF has a 12 month low of $228.75 and a 12 month high of $308.21. The stock has a market capitalization of $98.78 billion, a P/E ratio of 31.95 and a beta of 1.22.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 22nd.

About Invesco NASDAQ 100 ETF

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.