Box Hill Private Wealth LLC Purchases Shares of 6,494 Invesco NASDAQ 100 ETF $QQQM

Box Hill Private Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,494 shares of the company’s stock, valued at approximately $1,642,000. Invesco NASDAQ 100 ETF comprises about 1.7% of Box Hill Private Wealth LLC’s investment portfolio, making the stock its 18th biggest position.

Several other hedge funds have also added to or reduced their stakes in QQQM. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in Invesco NASDAQ 100 ETF by 3,234.6% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,098,047 shares of the company’s stock valued at $783,561,000 after purchasing an additional 3,005,140 shares during the last quarter. Bouchey Financial Group Ltd lifted its holdings in Invesco NASDAQ 100 ETF by 68,507.2% during the 4th quarter. Bouchey Financial Group Ltd now owns 587,964 shares of the company’s stock valued at $148,708,000 after purchasing an additional 587,107 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Invesco NASDAQ 100 ETF by 25.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,285,296 shares of the company’s stock valued at $560,746,000 after purchasing an additional 469,957 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 22.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,309,059 shares of the company’s stock valued at $570,665,000 after purchasing an additional 422,032 shares during the last quarter. Finally, Asset Allocation Strategies LLC lifted its holdings in Invesco NASDAQ 100 ETF by 728.3% during the 2nd quarter. Asset Allocation Strategies LLC now owns 435,112 shares of the company’s stock valued at $98,814,000 after purchasing an additional 382,579 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $295.44 on Tuesday. Invesco NASDAQ 100 ETF has a 12 month low of $208.18 and a 12 month high of $297.33. The stock’s 50 day moving average is $264.00 and its 200-day moving average is $256.79. The company has a market capitalization of $88.69 billion, a price-to-earnings ratio of 31.95 and a beta of 1.21.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.3277 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. This represents a $1.31 annualized dividend and a dividend yield of 0.4%.

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.