Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Position Raised by PFG Advisors

PFG Advisors lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,596 shares of the company’s stock after acquiring an additional 466 shares during the quarter. PFG Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $2,651,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Calton & Associates Inc. lifted its position in Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after buying an additional 46 shares in the last quarter. Montag A & Associates Inc. lifted its position in 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 buying an additional 50 shares in the last quarter. Fulcrum Equity Management lifted its position in Invesco NASDAQ 100 ETF by 3.3% in the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after buying an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC lifted its position in 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 worth $654,000 after buying an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC lifted its position in 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 in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.2 %

Shares of QQQM opened at $196.38 on Thursday. The company’s fifty day moving average is $212.66 and its 200-day moving average is $207.42. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $222.64. The firm has a market cap of $39.00 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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