Aurora Private Wealth Inc. Acquires Shares of 1,766 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Aurora Private Wealth Inc. bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,766 shares of the company’s stock, valued at approximately $298,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clearstead Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at $30,000. Wells Fargo & Company MN increased its stake in Invesco NASDAQ 100 ETF by 578.0% during the fourth quarter. Wells Fargo & Company MN now owns 278 shares of the company’s stock worth $30,000 after purchasing an additional 237 shares during the period. Salem Investment Counselors Inc. purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth about $32,000. CVA Family Office LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $34,000. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth about $35,000.

Invesco NASDAQ 100 ETF Stock Down 1.6 %

NASDAQ QQQM traded down $2.96 on Monday, hitting $177.37. 2,579,256 shares of the stock were exchanged, compared to its average volume of 1,845,422. The company has a market cap of $22.54 billion, a PE ratio of 21.58 and a beta of 1.18. The company has a 50-day moving average price of $180.37 and a 200-day moving average price of $167.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $127.47 and a fifty-two week high of $184.88.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a $0.3454 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date was Monday, March 18th.

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.