International Assets Investment Management LLC Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

International Assets Investment Management LLC bought a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, Holdings Channel reports. The fund bought 7,422 shares of the company’s stock, valued at approximately $1,559,000.

Several other institutional investors also recently modified their holdings of QQQM. Massmutual Trust Co. FSB ADV purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth about $29,000. Legacy Investment Solutions LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. National Bank of Canada FI grew its stake in shares of Invesco NASDAQ 100 ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 190 shares of the company’s stock worth $38,000 after buying an additional 80 shares during the last quarter. Mendota Financial Group LLC bought a new position in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $40,000. Finally, Abich Financial Wealth Management LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter valued at $43,000.

Invesco NASDAQ 100 ETF Trading Up 0.0 %

Invesco NASDAQ 100 ETF stock opened at $212.17 on Thursday. Invesco NASDAQ 100 ETF has a 12 month low of $165.37 and a 12 month high of $221.92. The company has a market capitalization of $39.13 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business’s fifty day simple moving average is $211.53 and its two-hundred day simple moving average is $201.91.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.