Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Tucker Asset Management LLC

Tucker Asset Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 122.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 202 shares of the company’s stock after purchasing an additional 111 shares during the period. Tucker Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $43,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in QQQM. Financial Management Professionals Inc. acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth about $25,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. Kieckhefer Group LLC purchased a new stake in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $32,000. Blue Trust Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $49,000. Finally, Hobbs Group Advisors LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 257.1% during the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after buying an additional 180 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $193.08 on Friday. The firm has a market capitalization of $38.34 billion, a PE ratio of 30.79 and a beta of 1.18. The company’s fifty day moving average price is $209.34 and its 200-day moving average price is $207.92. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.3176 dividend. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.