OneAscent Financial Services LLC Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

OneAscent Financial Services LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,069 shares of the company’s stock, valued at approximately $225,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Management Professionals Inc. bought a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $25,000. Legacy Investment Solutions LLC bought a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth $31,000. Nemes Rush Group LLC purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at $32,000. Kieckhefer Group LLC bought a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at about $32,000. Finally, Tucker Asset Management LLC increased its position in Invesco NASDAQ 100 ETF by 122.0% in the fourth quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock worth $43,000 after buying an additional 111 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 6.1 %

QQQM stock opened at $174.28 on Friday. The business’s 50-day moving average price is $206.47 and its 200-day moving average price is $207.63. The stock has a market cap of $35.58 billion, a P/E ratio of 30.31 and a beta of 1.15. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.3176 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

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.