Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Position Raised by GUNN & Co INVESTMENT MANAGEMENT INC.

GUNN & Co INVESTMENT MANAGEMENT INC. lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1,412.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 116,935 shares of the company’s stock after purchasing an additional 109,205 shares during the period. GUNN & Co INVESTMENT MANAGEMENT INC. owned approximately 0.10% of Invesco NASDAQ 100 ETF worth $19,708,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Northwest Capital Management Inc boosted its holdings in shares of Invesco NASDAQ 100 ETF by 3,361.1% in the fourth quarter. Northwest Capital Management Inc now owns 4,984 shares of the company’s stock worth $840,000 after buying an additional 4,840 shares during the period. CWM LLC grew its position in Invesco NASDAQ 100 ETF by 265.0% during the 4th quarter. CWM LLC now owns 7,947 shares of the company’s stock worth $1,339,000 after purchasing an additional 5,770 shares in the last quarter. Hunter Associates Investment Management LLC raised its stake in Invesco NASDAQ 100 ETF by 1.3% during the 4th quarter. Hunter Associates Investment Management LLC now owns 55,092 shares of the company’s stock valued at $9,311,000 after purchasing an additional 722 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in shares of Invesco NASDAQ 100 ETF by 120.3% in the fourth quarter. J.W. Cole Advisors Inc. now owns 3,262 shares of the company’s stock valued at $550,000 after purchasing an additional 1,781 shares in the last quarter. Finally, Kraft Davis & Associates LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at $236,000.

Invesco NASDAQ 100 ETF Trading Up 2.0 %

Shares of Invesco NASDAQ 100 ETF stock opened at $179.20 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $129.60 and a 1 year high of $184.88. The stock has a 50-day moving average price of $179.65 and a 200 day moving average price of $169.75. The company has a market cap of $23.24 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.3454 per share. This represents a $1.38 annualized dividend and a dividend yield of 0.77%. The ex-dividend date was Monday, March 18th.

About Invesco NASDAQ 100 ETF

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.