16,030 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Acquired by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC purchased a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,030 shares of the company’s stock, valued at approximately $3,374,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Calton & Associates Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 2.0% during the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after purchasing an additional 46 shares in the last quarter. Montag A & Associates Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 15.5% during the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock worth $78,000 after buying an additional 50 shares during the last quarter. Fulcrum Equity Management boosted its position in shares of Invesco NASDAQ 100 ETF by 3.3% during the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after acquiring an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after acquiring an additional 56 shares during the last quarter. Finally, Proactive Wealth Strategies LLC raised its position in shares of Invesco NASDAQ 100 ETF by 1.4% during the 4th quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock worth $886,000 after acquiring an additional 59 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.8 %

Shares of QQQM opened at $187.02 on Friday. The company has a market capitalization of $38.63 billion, a price-to-earnings ratio of 30.31 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $222.64. The stock has a 50 day moving average price of $201.88 and a 200 day moving average price of $206.84.

Invesco NASDAQ 100 ETF Increases Dividend

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

About Invesco NASDAQ 100 ETF

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.