Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by Bank of Montreal Can

Bank of Montreal Can lowered its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 80.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,099 shares of the company’s stock after selling 16,905 shares during the period. Bank of Montreal Can’s holdings in Invesco NASDAQ 100 ETF were worth $863,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Calton & Associates Inc. boosted its position 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 acquiring an additional 46 shares during the last quarter. Montag A & Associates Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 15.5% in the fourth quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock valued at $78,000 after purchasing an additional 50 shares in the last quarter. Fulcrum Equity Management increased its holdings in shares of Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after purchasing an additional 56 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock worth $654,000 after buying an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC boosted its stake in Invesco NASDAQ 100 ETF by 1.4% during the fourth quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock worth $886,000 after buying an additional 59 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.0 %

Shares of QQQM opened at $182.86 on Friday. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $222.64. The stock has a fifty day simple moving average of $198.68 and a two-hundred day simple moving average of $206.33. The company has a market capitalization of $38.27 billion, a PE ratio of 30.31 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors 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 was Monday, March 24th.

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.