Commonwealth Equity Services LLC Raises Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Commonwealth Equity Services LLC lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 634,659 shares of the company’s stock after purchasing an additional 57,592 shares during the period. Commonwealth Equity Services LLC owned about 0.32% of Invesco NASDAQ 100 ETF worth $133,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Calton & Associates Inc. boosted its stake in Invesco NASDAQ 100 ETF by 2.0% during the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock valued at $490,000 after buying an additional 46 shares during the last quarter. Montag A & Associates Inc. increased its position in Invesco NASDAQ 100 ETF by 15.5% in the fourth 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 raised its stake in Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after purchasing an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after purchasing an additional 56 shares during the last quarter. Finally, Proactive Wealth Strategies LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 1.4% in the 4th quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock worth $886,000 after buying an additional 59 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.2 %

QQQM stock opened at $196.38 on Thursday. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $222.64. The stock has a market cap of $39.00 billion, a PE ratio of 33.44 and a beta of 1.18. The company has a 50-day moving average price of $212.66 and a 200 day moving average price of $207.42.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date 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.