Level Four Advisory Services LLC Buys 1,534 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Level Four Advisory Services LLC lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,390 shares of the company’s stock after acquiring an additional 1,534 shares during the quarter. Level Four Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $11,236,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Financial Management Professionals Inc. purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000. Kieckhefer Group LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth $32,000. Blue Trust Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $49,000. Finally, Hobbs Group Advisors LLC increased its stake in shares of Invesco NASDAQ 100 ETF by 257.1% in the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after purchasing an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.6 %

NASDAQ QQQM opened at $198.24 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The company has a market capitalization of $39.36 billion, a P/E ratio of 30.79 and a beta of 1.18. The stock’s 50-day moving average price is $209.77 and its 200-day moving average price is $207.75.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a $0.3176 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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