Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.4% in the 4th quarter, Holdings Channel reports. The fund owned 693,008 shares of the company’s stock after acquiring an additional 35,498 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 0.8% of Private Advisor Group LLC’s holdings, making the stock its 18th biggest position. Private Advisor Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $145,845,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Financial Management Professionals Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $25,000. Legacy Investment Solutions LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $31,000. Kieckhefer Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $32,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter worth about $43,000. Finally, Blue Trust Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $49,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $222.09 on Wednesday. The company has a market cap of $44.10 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $222.28. The company has a 50-day simple moving average of $215.19 and a 200-day simple moving average of $205.35.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.3103 per share. 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.