Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by MGO One Seven LLC

MGO One Seven LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 33,548 shares of the company’s stock after buying an additional 102 shares during the period. MGO One Seven LLC’s holdings in Invesco NASDAQ 100 ETF were worth $7,060,000 as of its most recent filing with the Securities and Exchange Commission.

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

Invesco NASDAQ 100 ETF Stock Up 2.6 %

QQQM stock opened at $183.00 on Wednesday. The firm’s 50-day simple moving average is $197.15 and its 200 day simple moving average is $206.07. The stock has a market cap of $38.45 billion, a PE ratio of 27.89 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.3176 per share. The ex-dividend date was Monday, March 24th. This is a boost 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.