1,013 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Purchased by Cottage Street Advisors LLC

Cottage Street Advisors LLC bought a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) in the fourth quarter, Holdings Channel reports. The firm bought 1,013 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors also recently bought and sold shares of QQQM. Financial Management Professionals Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $25,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $32,000. Blue Trust Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $49,000. Finally, Hobbs Group Advisors LLC increased its position 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 acquiring an additional 180 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.6 %

Shares of NASDAQ QQQM opened at $203.13 on Wednesday. The stock has a market cap of $40.34 billion, a P/E ratio of 30.79 and a beta of 1.18. The business’s fifty day simple moving average is $210.30 and its 200-day simple moving average is $207.87. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a $0.3176 dividend. The ex-dividend date is Monday, March 24th. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report).

Institutional Ownership by Quarter for Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Receive News & Ratings for Invesco NASDAQ 100 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco NASDAQ 100 ETF and related companies with MarketBeat.com's FREE daily email newsletter.