Private Client Services LLC Invests $281,000 in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Private Client Services LLC bought a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,337 shares of the company’s stock, valued at approximately $281,000.

Other institutional investors have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after purchasing an additional 74 shares during the last quarter. Creative Planning raised its position in shares of Invesco NASDAQ 100 ETF by 11.6% in the 3rd quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after buying an additional 2,149 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in Invesco NASDAQ 100 ETF by 20.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,413 shares of the company’s stock valued at $279,000 after acquiring an additional 242 shares during the last quarter. Assetmark Inc. grew its position in Invesco NASDAQ 100 ETF by 60.8% during the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after acquiring an additional 284 shares during the period. Finally, HighTower Advisors LLC increased its stake in Invesco NASDAQ 100 ETF by 26.4% during the third quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after acquiring an additional 9,469 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.3 %

Shares of Invesco NASDAQ 100 ETF stock traded up $0.68 during trading hours on Wednesday, reaching $212.77. The stock had a trading volume of 1,255,059 shares, compared to its average volume of 2,401,408. The firm has a market capitalization of $39.24 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $165.37 and a 1 year high of $221.92. The firm has a 50 day simple moving average of $211.38 and a two-hundred day simple moving average of $201.84.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date 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.