Great Lakes Retirement Inc. Buys New Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Great Lakes Retirement Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 13,936 shares of the company’s stock, valued at approximately $2,933,000.

A number of other hedge funds have also modified their holdings of QQQM. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Invesco NASDAQ 100 ETF by 34.7% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 621 shares of the company’s stock worth $125,000 after buying an additional 160 shares during the period. Procyon Advisors LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $462,000. Creative Planning increased its stake in shares of Invesco NASDAQ 100 ETF by 11.6% in the third quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after acquiring an additional 2,149 shares during the period. Zhang Financial LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 2.8% during the third quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock worth $517,000 after purchasing an additional 70 shares during the last quarter. Finally, Cabot Wealth Management Inc. lifted its position in Invesco NASDAQ 100 ETF by 0.8% during the third quarter. Cabot Wealth Management Inc. now owns 15,273 shares of the company’s stock valued at $3,068,000 after purchasing an additional 123 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $217.40 on Wednesday. The business’s 50-day moving average is $214.71 and its two-hundred day moving average is $204.33. The company has a market capitalization of $43.17 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.3103 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco NASDAQ 100 ETF

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.