Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Purchased by Titleist Asset Management LLC

Titleist Asset Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 17.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,632 shares of the company’s stock after purchasing an additional 392 shares during the period. Titleist Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $554,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in QQQM. Financial Management Professionals Inc. purchased a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $25,000. Legacy Investment Solutions LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. Kieckhefer Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $32,000. Nemes Rush Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $32,000. Finally, Tucker Asset Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 122.0% during the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock worth $43,000 after acquiring an additional 111 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 6.1 %

Shares of QQQM opened at $174.28 on Monday. The firm has a market capitalization of $35.58 billion, a price-to-earnings ratio of 30.31 and a beta of 1.15. The firm’s fifty day simple moving average is $206.47 and its 200-day simple moving average is $207.81. Invesco NASDAQ 100 ETF has a twelve month low of $168.90 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3176 per share. This is a boost from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

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.