Mesirow Financial Investment Management Inc. Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Mesirow Financial Investment Management Inc. purchased a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,364 shares of the company’s stock, valued at approximately $497,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Financial Management Professionals Inc. purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth $25,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF in the third quarter worth $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth $32,000. Blue Trust Inc. purchased a new position in Invesco NASDAQ 100 ETF in the fourth quarter worth $49,000. Finally, Hobbs Group Advisors LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 257.1% during the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after buying an additional 180 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $202.50 on Friday. The firm has a market capitalization of $40.21 billion, a PE ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64. The company’s fifty day moving average price is $213.61 and its 200-day moving average price is $207.46.

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.