Sun Group Wealth Partners Purchases Shares of 4,684 Invesco NASDAQ 100 ETF $QQQM

Sun Group Wealth Partners purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 4,684 shares of the company’s stock, valued at approximately $1,419,000. Invesco NASDAQ 100 ETF comprises approximately 1.0% of Sun Group Wealth Partners’ portfolio, making the stock its 29th biggest position.

Other large investors have also recently made changes to their positions in the company. Garner Asset Management Corp purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $25,000. Imprint Wealth LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Investors Research Corp purchased a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth $38,000. SJS Investment Consulting Inc. purchased a new position in Invesco NASDAQ 100 ETF in the 1st quarter worth $40,000. Finally, Osbon Capital Management LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth $41,000.

Invesco NASDAQ 100 ETF Stock Up 1.2%

Invesco NASDAQ 100 ETF stock opened at $301.41 on Friday. The company has a market capitalization of $103.46 billion, a PE ratio of 31.95 and a beta of 1.23. The firm has a fifty day simple moving average of $293.38 and a two-hundred day simple moving average of $273.55. Invesco NASDAQ 100 ETF has a twelve month low of $228.75 and a twelve month high of $308.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.3522 dividend. The ex-dividend date was Monday, June 22nd. This represents a $1.41 annualized dividend and a dividend yield of 0.5%.

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.