Mesirow Financial Investment Management Inc. Buys New Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Mesirow Financial Investment Management Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, Holdings Channel reports. The fund bought 2,364 shares of the company’s stock, valued at approximately $497,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQM. Shoker Investment Counsel Inc. lifted its position in Invesco NASDAQ 100 ETF by 2.5% during the third quarter. Shoker Investment Counsel Inc. now owns 7,861 shares of the company’s stock valued at $1,579,000 after purchasing an additional 189 shares during the period. Executive Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 3.2% during the third quarter. Executive Wealth Management LLC now owns 49,239 shares of the company’s stock valued at $9,890,000 after purchasing an additional 1,540 shares during the period. Rockbridge Investment Management LCC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter valued at $453,000. Assetmark Inc. lifted its position in Invesco NASDAQ 100 ETF by 60.8% during the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after purchasing an additional 284 shares during the period. Finally, Transcendent Capital Group LLC lifted its position in Invesco NASDAQ 100 ETF by 1,630.4% during the third quarter. Transcendent Capital Group LLC now owns 17,754 shares of the company’s stock valued at $3,566,000 after purchasing an additional 16,728 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $202.50 on Friday. The company has a fifty day moving average of $213.61 and a 200 day moving average of $207.46. The company has a market capitalization of $40.21 billion, a PE ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders 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 Company 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.