Manchester Financial Inc. Purchases 2,049 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Trevor Kearing on Oct 27th, 2024

Manchester Financial Inc. increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 53.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,903 shares of the company’s stock after acquiring an additional 2,049 shares during the period. Manchester Financial Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $1,186,000 at the end of the most recent quarter.

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

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $203.85 on Friday. The stock has a market capitalization of $34.88 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $140.84 and a 52-week high of $207.24. The stock’s 50-day simple moving average is $197.76 and its 200 day simple moving average is $192.13.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Monday, September 23rd.

Invesco NASDAQ 100 ETF Company Profile

(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.