AMG National Trust Bank Acquires 6,303 Shares of Invesco NASDAQ 100 ETF $QQQM

AMG National Trust Bank boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 86.0% in the first quarter, Holdings Channel.com reports. The institutional investor owned 13,635 shares of the company’s stock after acquiring an additional 6,303 shares during the period. AMG National Trust Bank’s holdings in Invesco NASDAQ 100 ETF were worth $3,240,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Garner Asset Management Corp purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $25,000. Imprint Wealth LLC purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth approximately $31,000. Osbon Capital Management LLC purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $41,000. SJS Investment Consulting Inc. bought a new stake in Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $40,000. Finally, Bank & Trust Co bought a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $296.31 on Wednesday. The stock has a market cap of $99.78 billion, a PE ratio of 31.95 and a beta of 1.22. Invesco NASDAQ 100 ETF has a one year low of $227.00 and a one year high of $308.21. The stock has a fifty day moving average of $296.41 and a 200 day moving average of $268.26.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.3522 per share. This represents a $1.41 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

Invesco NASDAQ 100 ETF 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.