Mosaic Family Wealth Partners LLC Takes $405,000 Position in Invesco NASDAQ 100 ETF $QQQM

Mosaic Family Wealth Partners LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,703 shares of the company’s stock, valued at approximately $405,000.

A number of other large investors have also recently bought and sold shares of QQQM. Bison Wealth LLC acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth $393,000. Capstone Wealth Management Group LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 9.6% during the first quarter. Capstone Wealth Management Group LLC now owns 36,933 shares of the company’s stock valued at $7,129,000 after acquiring an additional 3,220 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 1.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,164 shares of the company’s stock valued at $9,876,000 after acquiring an additional 819 shares during the period. Empowered Funds LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the first quarter worth about $742,000. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth about $534,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock traded up $0.94 during trading hours on Friday, reaching $298.72. The stock had a trading volume of 2,619,746 shares, compared to its average volume of 4,542,785. The firm has a market capitalization of $99.94 billion, a PE ratio of 31.95 and a beta of 1.22. The firm has a 50-day simple moving average of $295.73 and a 200-day simple moving average of $267.63. Invesco NASDAQ 100 ETF has a twelve month low of $227.00 and a twelve month high of $308.21.

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 issued a dividend of $0.3522 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

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.