Captrust Financial Advisors Boosts Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Captrust Financial Advisors boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,762 shares of the company’s stock after buying an additional 74 shares during the quarter. Captrust Financial Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $1,213,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $25,000. Nemes Rush Group LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $32,000. Tucker Asset Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 122.0% during the fourth quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock worth $43,000 after purchasing an additional 111 shares during the last quarter. Blue Trust Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $49,000. Finally, Atlas Capital Advisors Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $58,000.

Invesco NASDAQ 100 ETF Stock Up 0.6%

NASDAQ QQQM opened at $213.54 on Thursday. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $222.64. The business’s 50-day moving average price is $193.10 and its 200 day moving average price is $205.72. The firm has a market cap of $46.47 billion, a P/E ratio of 30.65 and a beta of 1.15.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.3176 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.