Dorsey & Whitney Trust CO LLC Invests $1.27 Million in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Dorsey & Whitney Trust CO LLC acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,027 shares of the company’s stock, valued at approximately $1,268,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Apollon Wealth Management LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 793.0% during the 4th quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock worth $16,021,000 after purchasing an additional 67,604 shares during the period. Assetmark Inc. increased its holdings in shares of 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. HighTower Advisors LLC increased its holdings in shares of 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. Benjamin Edwards Inc. increased its stake in Invesco NASDAQ 100 ETF by 9,318.8% in the third quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after acquiring an additional 1,491 shares during the period. Finally, Bank of Montreal Can increased its stake in Invesco NASDAQ 100 ETF by 2,926.5% in the third quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock valued at $4,208,000 after acquiring an additional 20,310 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.7 %

NASDAQ QQQM opened at $202.50 on Friday. The stock has a market cap of $40.21 billion, a P/E ratio of 33.44 and a beta of 1.18. The company’s 50-day simple moving average is $213.61 and its 200 day simple moving average is $207.46. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced 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.