Invesco NASDAQ 100 ETF $QQQM is Petix & Botte Co’s 10th Largest Position

Petix & Botte Co raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 14.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,353 shares of the company’s stock after buying an additional 6,841 shares during the quarter. Invesco NASDAQ 100 ETF comprises about 2.9% of Petix & Botte Co’s portfolio, making the stock its 10th biggest holding. Petix & Botte Co’s holdings in Invesco NASDAQ 100 ETF were worth $12,916,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Garner Asset Management Corp purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at about $25,000. Imprint Wealth LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. SJS Investment Consulting Inc. purchased a new position in Invesco NASDAQ 100 ETF in the 1st quarter worth approximately $40,000. Osbon Capital Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $41,000. Finally, Bank & Trust Co acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $46,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock traded up $0.94 during trading hours on Friday, reaching $298.72. The company had a trading volume of 2,619,746 shares, compared to its average volume of 4,542,785. Invesco NASDAQ 100 ETF has a 12-month low of $227.00 and a 12-month high of $308.21. The company has a market capitalization of $99.94 billion, a price-to-earnings ratio of 31.95 and a beta of 1.22. The stock has a fifty day moving average of $295.73 and a 200-day moving average of $267.63.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.