Proficio Capital Partners LLC Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Proficio Capital Partners LLC acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 32,700 shares of the company’s stock, valued at approximately $6,882,000.

Several other hedge funds also recently modified their holdings of the business. Apollon Wealth Management LLC lifted its position in Invesco NASDAQ 100 ETF by 793.0% in the fourth 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. lifted its position in Invesco NASDAQ 100 ETF by 60.8% in the third 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 lifted its position in Invesco NASDAQ 100 ETF by 26.4% in the third 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. lifted its position 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 worth $303,000 after purchasing an additional 1,491 shares during the period. Finally, Bank of Montreal Can lifted its position 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 worth $4,208,000 after purchasing an additional 20,310 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $197.48 on Monday. The stock has a market cap of $39.70 billion, a P/E ratio of 30.79 and a beta of 1.15. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64. The stock has a fifty day moving average price of $211.99 and a 200 day moving average price of $207.50.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.3103 dividend. The ex-dividend date of this dividend 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.