TBH Global Asset Management LLC Takes $506,000 Position in Invesco NASDAQ 100 ETF $QQQM

TBH Global Asset Management LLC purchased a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 2,049 shares of the company’s stock, valued at approximately $506,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Trust Co. of Toledo NA OH bought a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $28,000. Pflug Koory LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $32,000. PrairieView Partners LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 400.0% in the second quarter. PrairieView Partners LLC now owns 165 shares of the company’s stock valued at $37,000 after buying an additional 132 shares during the period. Rosenberg Matthew Hamilton bought a new stake in shares of Invesco NASDAQ 100 ETF in the second quarter valued at approximately $43,000. Finally, AlphaCore Capital LLC grew its position in Invesco NASDAQ 100 ETF by 850.0% during the second quarter. AlphaCore Capital LLC now owns 190 shares of the company’s stock worth $43,000 after buying an additional 170 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $255.04 on Wednesday. The firm has a market cap of $66.80 billion, a PE ratio of 31.95 and a beta of 1.16. The stock’s fifty day moving average price is $253.86 and its two-hundred day moving average price is $242.30. Invesco NASDAQ 100 ETF has a one year low of $165.72 and a one year high of $262.23.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.323 dividend. This represents a $1.29 dividend on an annualized basis and a yield of 0.5%. This is a boost from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, December 22nd.

About Invesco NASDAQ 100 ETF

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.