Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $293.76 and last traded at $293.19, with a volume of 635427 shares. The stock had previously closed at $292.82.
Invesco NASDAQ 100 ETF Trading Down 0.9%
The company has a market capitalization of $87.39 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21. The company has a fifty day moving average of $256.06 and a 200-day moving average of $254.52.
Invesco NASDAQ 100 ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.3277 dividend. This represents a $1.31 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32.
Institutional Investors Weigh In On Invesco NASDAQ 100 ETF
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.
Further Reading
- Five stocks we like better than Invesco NASDAQ 100 ETF
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
