Arthur M. Cohen & Associates LLC Raises Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Arthur M. Cohen & Associates LLC raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 135,865 shares of the company’s stock after acquiring an additional 4,879 shares during the period. Invesco NASDAQ 100 ETF accounts for about 5.1% of Arthur M. Cohen & Associates LLC’s investment portfolio, making the stock its 7th biggest holding. Arthur M. Cohen & Associates LLC owned about 0.07% of Invesco NASDAQ 100 ETF worth $28,593,000 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 stock. Massmutual Trust Co. FSB ADV bought a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth about $29,000. Legacy Investment Solutions LLC bought a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. Kieckhefer Group LLC acquired a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $32,000. Mendota Financial Group LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at $40,000. Finally, Abich Financial Wealth Management LLC acquired a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth $43,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $214.78 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $168.46 and a 1 year high of $221.92. The business has a fifty day moving average of $212.38 and a 200-day moving average of $202.53. The stock has a market cap of $39.76 billion, a price-to-earnings 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 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.