Kings Path Partners LLC Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Kings Path Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 500 shares of the company’s stock, valued at approximately $105,000.

Several other hedge funds and other institutional investors have also bought and sold shares of QQQM. Massmutual Trust Co. FSB ADV bought a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $29,000. Legacy Investment Solutions LLC bought a new stake in Invesco NASDAQ 100 ETF in the third quarter worth approximately $31,000. National Bank of Canada FI lifted its stake in Invesco NASDAQ 100 ETF by 72.7% in the second quarter. National Bank of Canada FI now owns 190 shares of the company’s stock valued at $38,000 after buying an additional 80 shares during the period. Mendota Financial Group LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $40,000. Finally, Abich Financial Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $43,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ:QQQM traded up $2.62 during mid-day trading on Monday, hitting $216.08. The company had a trading volume of 1,423,355 shares, compared to its average volume of 2,387,896. Invesco NASDAQ 100 ETF has a one year low of $163.78 and a one year high of $221.92. The firm has a fifty day moving average price of $211.01 and a 200 day moving average price of $201.59. The company has a market capitalization of $40.04 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3103 dividend. The ex-dividend date was Monday, December 23rd.

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.