Granite Harbor Advisors Inc. Takes $209,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Granite Harbor Advisors Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 995 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors have also recently modified their holdings of the stock. Calton & Associates Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 2.0% during the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after purchasing an additional 46 shares during the last quarter. Fulcrum Equity Management lifted its stake in shares of Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after buying an additional 56 shares during the period. Ridgecrest Wealth Partners LLC boosted its position in Invesco NASDAQ 100 ETF by 4.4% during the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after acquiring an additional 60 shares during the last quarter. Sugarloaf Wealth Management LLC grew its stake in Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock worth $431,000 after acquiring an additional 68 shares during the period. Finally, Northstar Group Inc. grew its stake in Invesco NASDAQ 100 ETF by 5.4% in the 3rd quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after acquiring an additional 69 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.4 %

Shares of Invesco NASDAQ 100 ETF stock opened at $215.34 on Friday. The firm has a market cap of $42.10 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $221.92. The business’s fifty day moving average is $213.60 and its two-hundred day moving average is $203.23.

Invesco NASDAQ 100 ETF Announces Dividend

The firm 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 of this dividend 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.