Invesco NASDAQ 100 ETF $QQQM Shares Bought by Hudock Inc.

by · The Markets Daily

Hudock Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 109,821 shares of the company’s stock after acquiring an additional 4,325 shares during the period. Invesco NASDAQ 100 ETF comprises about 4.1% of Hudock Inc.’s investment portfolio, making the stock its 7th biggest holding. Hudock Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $27,776,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. First Wilshire Securities Management Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 82.4% during the fourth quarter. First Wilshire Securities Management Inc. now owns 2,043 shares of the company’s stock valued at $517,000 after acquiring an additional 923 shares in the last quarter. Group One Trading LLC acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth about $55,000. Premier Private Wealth Management LLC acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth about $5,333,000. Legacy Capital Wealth Management LLC acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth about $3,932,000. Finally, Gateway Wealth Partners LLC grew its stake in Invesco NASDAQ 100 ETF by 10.9% in the fourth quarter. Gateway Wealth Partners LLC now owns 4,348 shares of the company’s stock worth $1,100,000 after purchasing an additional 429 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $295.02 on Friday. The company has a market capitalization of $88.56 billion, a price-to-earnings ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a one year low of $215.55 and a one year high of $308.21. The stock has a 50-day simple moving average of $279.20 and a 200 day simple moving average of $261.26.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.3277 dividend. This represents a $1.31 dividend on an annualized basis and a yield of 0.4%. This is a positive change from Invesco NASDAQ 100 ETF’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, March 23rd.

Invesco NASDAQ 100 ETF Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding QQQM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco NASDAQ 100 ETF (NASDAQ:QQQMFree Report).