TD Capital Management LLC Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

TD Capital Management LLC increased its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,492 shares of the company’s stock after buying an additional 385 shares during the quarter. TD Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,577,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Apollon Wealth Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 793.0% during the fourth quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock valued at $16,021,000 after buying an additional 67,604 shares during the last quarter. Assetmark Inc. boosted its holdings in 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 purchasing an additional 284 shares during the last quarter. HighTower Advisors LLC boosted its holdings 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 purchasing an additional 9,469 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 9,318.8% in the third quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after purchasing an additional 1,491 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in Invesco NASDAQ 100 ETF by 2,926.5% in the third quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock valued at $4,208,000 after purchasing an additional 20,310 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $209.26 on Friday. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64. The firm has a market cap of $41.55 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18. The firm’s fifty day moving average is $214.93 and its two-hundred day moving average is $207.05.

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 issued a $0.3103 dividend. 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.