OLD National Bancorp IN Buys Shares of 1,920 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

OLD National Bancorp IN bought a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,920 shares of the company’s stock, valued at approximately $386,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Stephens Consulting LLC lifted its stake in Invesco NASDAQ 100 ETF by 12.6% in the 3rd quarter. Stephens Consulting LLC now owns 17,465 shares of the company’s stock worth $3,508,000 after acquiring an additional 1,953 shares in the last quarter. Verde Capital Management lifted its position in shares of Invesco NASDAQ 100 ETF by 0.4% in the third quarter. Verde Capital Management now owns 141,786 shares of the company’s stock worth $28,478,000 after purchasing an additional 568 shares in the last quarter. New Perspectives Inc boosted its holdings in shares of Invesco NASDAQ 100 ETF by 88.4% during the third quarter. New Perspectives Inc now owns 14,860 shares of the company’s stock worth $2,985,000 after purchasing an additional 6,972 shares during the period. AA Financial Advisors LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $318,000. Finally, Embree Financial Group increased its stake in Invesco NASDAQ 100 ETF by 4.0% in the 3rd quarter. Embree Financial Group now owns 3,386 shares of the company’s stock valued at $680,000 after buying an additional 129 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.1 %

QQQM stock opened at $204.11 on Wednesday. The company has a 50 day moving average of $197.24 and a two-hundred day moving average of $191.76. Invesco NASDAQ 100 ETF has a 12-month low of $140.84 and a 12-month high of $207.24. The company has a market cap of $34.80 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The company also recently disclosed 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. The ex-dividend date was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.59%.

Invesco NASDAQ 100 ETF 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.