Invesco NASDAQ 100 ETF $QQQM Shares Purchased by Wick Capital Partners LLC

Wick Capital Partners LLC raised its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,295 shares of the company’s stock after purchasing an additional 2,997 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 3.0% of Wick Capital Partners LLC’s holdings, making the stock its 8th biggest position. Wick Capital Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $17,020,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Garner Asset Management Corp purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $25,000. New Millennium Group LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 671.4% in the third quarter. New Millennium Group LLC now owns 108 shares of the company’s stock valued at $27,000 after buying an additional 94 shares in the last quarter. Imprint Wealth LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. Bank & Trust Co acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $46,000. Finally, Monetary Solutions Ltd acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $50,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $304.52 on Friday. The stock has a fifty day moving average price of $286.28 and a two-hundred day moving average price of $263.28. The stock has a market capitalization of $91.41 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 1 year low of $215.55 and a 1 year high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 22nd will be given a dividend of $0.3522 per share. The ex-dividend date is Monday, June 22nd.

About Invesco NASDAQ 100 ETF

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.