Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,386 shares of the company’s stock after acquiring an additional 190 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $292,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in QQQM. MAI Capital Management raised its holdings in shares of Invesco NASDAQ 100 ETF by 24.0% during the third quarter. MAI Capital Management now owns 22,095 shares of the company’s stock valued at $4,438,000 after acquiring an additional 4,283 shares during the last quarter. Pathstone Holdings LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 16.0% in the third quarter. Pathstone Holdings LLC now owns 11,200 shares of the company’s stock valued at $2,250,000 after purchasing an additional 1,545 shares during the last quarter. Prospera Financial Services Inc increased its holdings in shares of Invesco NASDAQ 100 ETF by 79.3% in the third quarter. Prospera Financial Services Inc now owns 20,632 shares of the company’s stock valued at $4,148,000 after purchasing an additional 9,123 shares during the last quarter. Kraft Davis & Associates LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 5.3% in the third quarter. Kraft Davis & Associates LLC now owns 1,891 shares of the company’s stock valued at $377,000 after purchasing an additional 96 shares during the last quarter. Finally, First Horizon Advisors Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $109,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $197.99 on Thursday. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64. The stock has a market cap of $39.31 billion, a PE ratio of 30.79 and a beta of 1.18. The stock has a 50 day moving average price of $211.03 and a 200 day moving average price of $207.47.

Invesco NASDAQ 100 ETF Announces Dividend

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

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.