FF Advisors LLC Purchases Shares of 3,086 Invesco NASDAQ 100 ETF $QQQM

FF Advisors LLC purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,086 shares of the company’s stock, valued at approximately $781,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Garner Asset Management Corp acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $25,000. New Millennium Group LLC lifted its holdings in Invesco NASDAQ 100 ETF by 671.4% in the 3rd quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares during the last quarter. Imprint Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Finally, Bank & Trust Co acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth about $46,000.

Invesco NASDAQ 100 ETF Trading Up 0.7%

NASDAQ QQQM opened at $297.01 on Friday. The stock’s 50-day moving average price is $280.33 and its two-hundred day moving average price is $261.51. The company has a market cap of $89.16 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1 year low of $215.55 and a 1 year high of $308.21.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.3277 per share. This represents a $1.31 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 23rd. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.

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.