Principal Securities Inc. Grows Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Principal Securities Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 45.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 9,023 shares of the company’s stock after purchasing an additional 2,811 shares during the period. Principal Securities Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $1,899,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Creative Planning lifted its holdings in Invesco NASDAQ 100 ETF by 11.6% during the third quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after buying an additional 2,149 shares during the period. Raymond James & Associates raised its position in shares of Invesco NASDAQ 100 ETF by 4.3% in the 3rd quarter. Raymond James & Associates now owns 377,973 shares of the company’s stock worth $75,916,000 after acquiring an additional 15,615 shares in the last quarter. OLD National Bancorp IN purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth $386,000. Monumental Financial Group Inc. boosted its position in Invesco NASDAQ 100 ETF by 1.6% during the third quarter. Monumental Financial Group Inc. now owns 64,323 shares of the company’s stock valued at $12,919,000 after purchasing an additional 984 shares in the last quarter. Finally, Precision Wealth Strategies LLC boosted its position in Invesco NASDAQ 100 ETF by 43.7% during the third quarter. Precision Wealth Strategies LLC now owns 3,455 shares of the company’s stock valued at $694,000 after purchasing an additional 1,050 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.2 %

NASDAQ QQQM opened at $222.09 on Wednesday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.28. The company has a 50 day moving average price of $215.19 and a 200 day moving average price of $205.35. The firm has a market cap of $44.10 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently announced 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 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.