Santori & Peters Inc. Takes $298,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Santori & Peters Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 1,416 shares of the company’s stock, valued at approximately $298,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Calton & Associates Inc. raised its holdings in Invesco NASDAQ 100 ETF by 2.0% during the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after purchasing an additional 46 shares in the last quarter. Fulcrum Equity Management raised its stake in shares of Invesco NASDAQ 100 ETF by 3.3% during the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after buying an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after buying an additional 56 shares during the period. Ridgecrest Wealth Partners LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after buying an additional 60 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 3.4% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock valued at $431,000 after buying an additional 68 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ:QQQM opened at $215.35 on Friday. The stock has a market capitalization of $42.76 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92. The stock has a fifty day moving average price of $214.48 and a two-hundred day moving average price of $203.86.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid 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.