Ieq Capital LLC Boosts Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Ieq Capital LLC raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.1% in the fourth quarter, Holdings Channel reports. The fund owned 203,441 shares of the company’s stock after buying an additional 2,158 shares during the period. Ieq Capital LLC’s holdings in Invesco NASDAQ 100 ETF were worth $42,814,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of QQQM. Apollon Wealth Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 793.0% during the 4th quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock worth $16,021,000 after buying an additional 67,604 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after purchasing an additional 74 shares during the last quarter. Creative Planning grew its holdings in shares of Invesco NASDAQ 100 ETF by 11.6% during the 3rd quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after purchasing an additional 2,149 shares during the period. Assetmark Inc. raised its holdings in Invesco NASDAQ 100 ETF by 60.8% in the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after buying an additional 284 shares during the period. Finally, HighTower Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 26.4% in the third quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock valued at $9,107,000 after buying an additional 9,469 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $222.10 on Thursday. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64. The company has a 50 day moving average price of $215.42 and a 200 day moving average price of $205.73. The stock has a market capitalization of $44.10 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.