Advisory Services Network LLC Has $5.12 Million Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Advisory Services Network LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 19.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,322 shares of the company’s stock after purchasing an additional 3,875 shares during the quarter. Advisory Services Network LLC’s holdings in Invesco NASDAQ 100 ETF were worth $5,119,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQM. Strategic Financial Concepts LLC increased its holdings in Invesco NASDAQ 100 ETF by 26,756.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after purchasing an additional 6,174,281 shares during the period. Raymond James Financial Inc. acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $374,557,000. Invesco Ltd. increased its holdings in Invesco NASDAQ 100 ETF by 14.4% in the fourth quarter. Invesco Ltd. now owns 9,323,266 shares of the company’s stock valued at $1,962,081,000 after purchasing an additional 1,170,093 shares during the period. IMC Chicago LLC acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $208,737,000. Finally, Bank of Nova Scotia acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $158,702,000.

Invesco NASDAQ 100 ETF Trading Up 11.7 %

Shares of Invesco NASDAQ 100 ETF stock opened at $191.52 on Thursday. The business has a 50-day moving average price of $203.05 and a two-hundred day moving average price of $207.04. Invesco NASDAQ 100 ETF has a 1-year low of $165.72 and a 1-year high of $222.64. The company has a market cap of $39.10 billion, a P/E ratio of 30.31 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.3176 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.