StoneX Group Inc. Has $7.04 Million Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Sean Solarzano on Nov 24th, 2024

StoneX Group Inc. lessened its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 1.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,064 shares of the company’s stock after selling 369 shares during the period. StoneX Group Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $7,043,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. CarsonAllaria Wealth Management Ltd. bought a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth $27,000. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $29,000. Triad Wealth Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the second quarter worth about $30,000. GAMMA Investing LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 2nd quarter worth about $36,000. Finally, Rothschild Investment LLC bought a new stake in Invesco NASDAQ 100 ETF during the 2nd quarter valued at approximately $36,000.

Invesco NASDAQ 100 ETF Stock Up 0.1 %

Shares of NASDAQ QQQM opened at $208.18 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $157.44 and a 12 month high of $212.19. The company has a market cap of $35.48 billion, a P/E ratio of 34.39 and a beta of 1.18. The business’s 50 day moving average is $202.94 and its two-hundred day moving average is $196.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Monday, September 23rd.

About Invesco NASDAQ 100 ETF

(Free Report)

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.