Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,783 shares of the company’s stock after buying an additional 21,342 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.07% of Invesco NASDAQ 100 ETF worth $29,838,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in QQQM. Financial Management Professionals Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $25,000. Legacy Investment Solutions LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter worth approximately $31,000. Kieckhefer Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $32,000. Blue Trust Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $49,000. Finally, Hobbs Group Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 257.1% in the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after purchasing an additional 180 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $204.75 on Tuesday. The company’s fifty day moving average is $214.72 and its two-hundred day moving average is $207.35. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64. The stock has a market capitalization of $40.66 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors 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 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.