Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Global Trust Asset Management LLC

Global Trust Asset Management LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 266.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,238 shares of the company’s stock after purchasing an additional 900 shares during the quarter. Global Trust Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $261,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Fulcrum Equity Management lifted its position in shares of Invesco NASDAQ 100 ETF by 3.3% during 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 during the last quarter. Ridgecrest Wealth Partners LLC lifted its position in Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after acquiring an additional 60 shares during the last quarter. Sugarloaf Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 3.4% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock valued at $431,000 after acquiring an additional 68 shares during the last quarter. Northstar Group Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 5.4% during the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after purchasing an additional 69 shares in the last quarter. Finally, Zhang Financial LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 2.8% in the 3rd quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock valued at $517,000 after purchasing an additional 70 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.6 %

NASDAQ:QQQM opened at $216.10 on Wednesday. The company has a market capitalization of $41.83 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $221.92. The stock’s 50 day moving average price is $212.45 and its 200 day moving average price is $202.64.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced 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 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.