Prospect Financial Services LLC Boosts Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Prospect Financial Services LLC grew its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,255 shares of the company’s stock after buying an additional 152 shares during the period. Prospect Financial Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $685,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sequoia Financial Advisors LLC grew its position in Invesco NASDAQ 100 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after acquiring an additional 74 shares during the period. Creative Planning grew its holdings in shares of Invesco NASDAQ 100 ETF by 11.6% during the 3rd quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after purchasing an additional 2,149 shares during the period. Assetmark Inc. increased its position in Invesco NASDAQ 100 ETF by 60.8% during the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after purchasing an additional 284 shares in the last quarter. HighTower Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF by 26.4% in the third quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock valued at $9,107,000 after buying an additional 9,469 shares during the period. Finally, Benjamin Edwards Inc. lifted its position in Invesco NASDAQ 100 ETF by 9,318.8% during the third quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after buying an additional 1,491 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 2.9 %

QQQM opened at $211.71 on Tuesday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $221.92. The company has a 50 day moving average of $213.18 and a two-hundred day moving average of $203.01. The company has a market cap of $41.08 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The business 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.