542 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Bought by First Horizon Advisors Inc.

Posted by Tech Dows on Nov 24th, 2024

First Horizon Advisors Inc. purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 542 shares of the company’s stock, valued at approximately $109,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at about $27,000. Massmutual Trust Co. FSB ADV bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $29,000. Triad Wealth Partners LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth approximately $30,000. GAMMA Investing LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $36,000. Finally, Rothschild Investment LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 2nd quarter valued at approximately $36,000.

Invesco NASDAQ 100 ETF Stock Up 0.1 %

NASDAQ QQQM opened at $208.18 on Friday. The firm has a market capitalization of $35.48 billion, a PE ratio of 34.39 and a beta of 1.18. The stock’s 50 day moving average is $202.94 and its 200 day moving average is $196.18. Invesco NASDAQ 100 ETF has a twelve month low of $157.44 and a twelve month high of $212.19.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.20 annualized dividend and a dividend yield of 0.58%.

About Invesco NASDAQ 100 ETF

(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.