Flagship Private Wealth LLC Increases Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Flagship Private Wealth LLC raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 22.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,339 shares of the company’s stock after acquiring an additional 1,163 shares during the quarter. Flagship Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,334,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Sequoia Financial Advisors LLC increased 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 in the last quarter. Creative Planning increased its position in shares of Invesco NASDAQ 100 ETF by 11.6% in the third quarter. Creative Planning now owns 20,672 shares of the company’s stock valued at $4,152,000 after buying an additional 2,149 shares in the last quarter. Assetmark Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 60.8% in the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after buying an additional 284 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 26.4% during the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after buying an additional 9,469 shares during the period. Finally, Benjamin Edwards Inc. lifted its position in shares of Invesco NASDAQ 100 ETF by 9,318.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after buying an additional 1,491 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $218.05 on Friday. The company’s fifty day moving average price is $213.18 and its 200 day moving average price is $203.03. The stock 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 has a 1 year low of $169.96 and a 1 year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid 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.