Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Acquired by Global Trust Asset Management LLC

Global Trust Asset Management LLC boosted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 266.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,238 shares of the company’s stock after purchasing an additional 900 shares during the period. Global Trust Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $261,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC lifted its stake 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 worth $240,000 after acquiring an additional 74 shares during the period. Creative Planning lifted its position in Invesco NASDAQ 100 ETF by 11.6% in the third quarter. Creative Planning now owns 20,672 shares of the company’s stock valued at $4,152,000 after purchasing 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 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,413 shares of the company’s stock valued at $279,000 after purchasing an additional 242 shares in the last quarter. 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 during the period. Finally, HighTower Advisors LLC increased its position in Invesco NASDAQ 100 ETF by 26.4% during the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after purchasing an additional 9,469 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $216.10 on Wednesday. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $221.92. The stock has a market capitalization of $41.83 billion, a P/E ratio of 34.39 and a beta of 1.18. The business has a 50 day simple moving average of $212.45 and a 200-day simple moving average of $202.64.

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 issued a $0.3103 dividend. 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.