MONECO Advisors LLC Acquires 343 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Xavier Holt on Oct 30th, 2024

MONECO Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 12.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,017 shares of the company’s stock after purchasing an additional 343 shares during the quarter. MONECO Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $606,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mather Group LLC. purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 2nd quarter worth approximately $39,000. Quantbot Technologies LP purchased a new position in shares of Invesco NASDAQ 100 ETF in the 1st quarter worth about $265,000. Sequoia Financial Advisors LLC bought a new position in Invesco NASDAQ 100 ETF in the 1st quarter worth about $204,000. Portside Wealth Group LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $351,000. Finally, GAMMA Investing LLC bought a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at about $36,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $205.81 on Wednesday. The company has a 50-day simple moving average of $198.04 and a two-hundred day simple moving average of $192.54. Invesco NASDAQ 100 ETF has a 52-week low of $142.55 and a 52-week high of $207.24. The stock has a market capitalization of $35.26 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

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

Invesco NASDAQ 100 ETF Profile

(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.