Taylor Hoffman Capital Management LLC Takes $206,000 Position in Invesco NASDAQ 100 ETF $QQQM

by · The Cerbat Gem

Taylor Hoffman Capital Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 906 shares of the company’s stock, valued at approximately $206,000.

A number of other large investors have also recently modified their holdings of the business. Seneca House Advisors boosted its position in shares of Invesco NASDAQ 100 ETF by 131.1% during the 2nd quarter. Seneca House Advisors now owns 2,745 shares of the company’s stock valued at $623,000 after acquiring an additional 1,557 shares during the last quarter. Keystone Wealth Services LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 90.9% during the 2nd quarter. Keystone Wealth Services LLC now owns 9,672 shares of the company’s stock valued at $2,196,000 after acquiring an additional 4,606 shares during the last quarter. Balefire LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $2,504,000. Fiduciary Alliance LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 8.9% during the 2nd quarter. Fiduciary Alliance LLC now owns 2,543 shares of the company’s stock valued at $578,000 after acquiring an additional 207 shares during the last quarter. Finally, Corepath Wealth Partners LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $201,000.

Invesco NASDAQ 100 ETF Trading Down 0.1%

Shares of QQQM opened at $243.38 on Wednesday. The company has a market cap of $58.35 billion, a PE ratio of 31.95 and a beta of 1.18. The stock has a 50-day moving average price of $234.57 and a 200-day moving average price of $214.80. Invesco NASDAQ 100 ETF has a 12-month low of $165.72 and a 12-month high of $244.06.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were issued a dividend of $0.3161 per share. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30.

Invesco NASDAQ 100 ETF Company Profile

(Free Report)

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.

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