Gerber LLC Boosts Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Gerber LLC boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,872 shares of the company’s stock after buying an additional 517 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 2.4% of Gerber LLC’s investment portfolio, making the stock its 12th largest position. Gerber LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,340,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth Equity Services LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 10.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 634,659 shares of the company’s stock worth $133,564,000 after purchasing an additional 57,592 shares during the last quarter. Madison Wealth Partners Inc lifted its position in shares of Invesco NASDAQ 100 ETF by 6.5% during the fourth quarter. Madison Wealth Partners Inc now owns 9,488 shares of the company’s stock worth $1,997,000 after purchasing an additional 577 shares during the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 10.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 249,313 shares of the company’s stock valued at $52,468,000 after acquiring an additional 23,173 shares in the last quarter. Austin Wealth Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 59.7% in the fourth quarter. Austin Wealth Management LLC now owns 3,452 shares of the company’s stock valued at $741,000 after acquiring an additional 1,290 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 321.3% in the fourth quarter. Farther Finance Advisors LLC now owns 9,074 shares of the company’s stock valued at $1,910,000 after acquiring an additional 6,920 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $196.38 on Thursday. The business has a 50-day moving average price of $212.66 and a 200 day moving average price of $207.42. The company has a market capitalization of $39.00 billion, a P/E ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

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