Flagship Harbor Advisors LLC Purchases 138 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Flagship Harbor Advisors LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,613 shares of the company’s stock after acquiring an additional 138 shares during the period. Flagship Harbor Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,128,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in QQQM. Financial Management Professionals Inc. bought a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $25,000. Massmutual Trust Co. FSB ADV bought a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $29,000. Legacy Investment Solutions LLC bought a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $31,000. Kieckhefer Group LLC bought a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $32,000. Finally, Mendota Financial Group LLC bought a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $40,000.

Invesco NASDAQ 100 ETF Trading Down 0.6 %

Shares of NASDAQ QQQM opened at $218.05 on Friday. The stock has a 50 day moving average of $213.18 and a 200-day moving average of $203.03. The company has a market capitalization of $42.31 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date was Monday, December 23rd.

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.