Hager Investment Management Services LLC Buys New Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Hager Investment Management Services LLC bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 1,504 shares of the company’s stock, valued at approximately $317,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QQQM. Stratos Wealth Partners LTD. increased its stake in Invesco NASDAQ 100 ETF by 46.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 70,489 shares of the company’s stock valued at $14,834,000 after purchasing an additional 22,380 shares during the last quarter. Guidance Capital Inc. acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at $205,000. Fusion Family Wealth LLC increased its stake in Invesco NASDAQ 100 ETF by 6.1% in the fourth quarter. Fusion Family Wealth LLC now owns 156,818 shares of the company’s stock valued at $33,002,000 after purchasing an additional 9,017 shares during the last quarter. Stephens Consulting LLC increased its stake in Invesco NASDAQ 100 ETF by 7.0% in the fourth quarter. Stephens Consulting LLC now owns 18,696 shares of the company’s stock valued at $3,935,000 after purchasing an additional 1,231 shares during the last quarter. Finally, Tempus Wealth Planning LLC acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at $538,000.

Invesco NASDAQ 100 ETF Trading Up 1.2 %

Invesco NASDAQ 100 ETF stock opened at $215.95 on Wednesday. The firm has a market capitalization of $42.83 billion, a P/E ratio of 34.39 and a beta of 1.18. The stock has a fifty day moving average price of $213.98 and a 200 day moving average price of $203.53. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.3103 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF Company 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.