Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stake Raised by Carnegie Investment Counsel

Carnegie Investment Counsel increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,994 shares of the company’s stock after acquiring an additional 1,867 shares during the period. Carnegie Investment Counsel’s holdings in Invesco NASDAQ 100 ETF were worth $5,260,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Edgestream Partners L.P. acquired a new position in Invesco NASDAQ 100 ETF in the 2nd quarter worth about $295,000. Mercer Global Advisors Inc. ADV increased its position in Invesco NASDAQ 100 ETF by 1.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,422 shares of the company’s stock worth $1,463,000 after purchasing an additional 76 shares during the last quarter. Blair William & Co. IL increased its position in Invesco NASDAQ 100 ETF by 83.3% in the 2nd quarter. Blair William & Co. IL now owns 6,567 shares of the company’s stock worth $1,294,000 after purchasing an additional 2,984 shares during the last quarter. Ieq Capital LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 16.4% during the 2nd quarter. Ieq Capital LLC now owns 188,218 shares of the company’s stock valued at $37,100,000 after acquiring an additional 26,584 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF by 20.7% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,413 shares of the company’s stock valued at $279,000 after acquiring an additional 242 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $214.78 on Friday. The firm has a market cap of $39.76 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business’s 50-day simple moving average is $212.38 and its 200-day simple moving average is $202.53. Invesco NASDAQ 100 ETF has a 52 week low of $168.46 and a 52 week high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued 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.