Atlas Capital Advisors Inc. Takes $58,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Atlas Capital Advisors Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 274 shares of the company’s stock, valued at approximately $58,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Calton & Associates Inc. increased 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 valued at $490,000 after acquiring an additional 46 shares during the period. Montag A & Associates Inc. grew its stake in shares of 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 increased its holdings in Invesco NASDAQ 100 ETF by 3.3% in 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 during the period. Robertson Stephens Wealth Management LLC raised its position in Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock worth $654,000 after purchasing an additional 56 shares during the last quarter. Finally, Proactive Wealth Strategies LLC lifted its holdings in Invesco NASDAQ 100 ETF by 1.4% during 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 period.

Invesco NASDAQ 100 ETF Trading Down 6.1 %

NASDAQ QQQM opened at $174.28 on Friday. 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 capitalization of $35.58 billion, a PE ratio of 30.31 and a beta of 1.15. The business’s 50-day moving average price is $206.47 and its two-hundred day moving average price is $207.72.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.