Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Essex Financial Services Inc.

Essex Financial Services Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 25.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,130 shares of the company’s stock after buying an additional 2,068 shares during the quarter. Essex Financial Services Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $2,132,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth about $25,000. Legacy Investment Solutions LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Kieckhefer Group LLC purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $32,000. Abich Financial Wealth Management LLC acquired a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $43,000. Finally, Blue Trust Inc. purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $49,000.

Invesco NASDAQ 100 ETF Trading Up 1.2 %

QQQM stock opened at $217.86 on Tuesday. The company’s 50 day moving average is $214.59 and its two-hundred day moving average is $204.12. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $221.92. The stock has a market cap of $43.26 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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