Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.4% during the fourth quarter, HoldingsChannel reports. The fund owned 7,220 shares of the company’s stock after acquiring an additional 100 shares during the quarter. Mutual Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,525,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. SMI Advisory Services LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 31.4% during the fourth quarter. SMI Advisory Services LLC now owns 292,005 shares of the company’s stock worth $60,778,000 after acquiring an additional 69,855 shares during the period. SG Americas Securities LLC grew its position in Invesco NASDAQ 100 ETF by 1.0% during the fourth quarter. SG Americas Securities LLC now owns 42,280 shares of the company’s stock worth $8,898,000 after buying an additional 417 shares during the period. Global Trust Asset Management LLC grew its position in Invesco NASDAQ 100 ETF by 266.3% during the fourth quarter. Global Trust Asset Management LLC now owns 1,238 shares of the company’s stock worth $261,000 after buying an additional 900 shares during the period. Tide Cove Capital Partners LLC acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth about $7,759,000. Finally, Commons Capital LLC acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth about $673,000.

Invesco NASDAQ 100 ETF Trading Down 0.6 %

Shares of QQQM opened at $218.05 on Friday. The firm’s 50-day moving average is $213.18 and its two-hundred day moving average is $203.05. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $221.92. The firm has a market capitalization of $42.31 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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

Invesco NASDAQ 100 ETF Company 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.