Sage Mountain Advisors LLC Grows Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Sage Mountain Advisors LLC raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 243.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,887 shares of the company’s stock after buying an additional 2,047 shares during the period. Sage Mountain Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $608,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its stake in Invesco NASDAQ 100 ETF by 60.8% in the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after acquiring an additional 284 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in Invesco NASDAQ 100 ETF by 4.4% in the third quarter. Nations Financial Group Inc. IA ADV now owns 5,765 shares of the company’s stock valued at $1,158,000 after purchasing an additional 245 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 61.0% during the third quarter. Apollon Wealth Management LLC now owns 8,525 shares of the company’s stock valued at $1,712,000 after purchasing an additional 3,229 shares during the period. Harbour Investments Inc. increased its position in Invesco NASDAQ 100 ETF by 28.5% in the third quarter. Harbour Investments Inc. now owns 8,903 shares of the company’s stock worth $1,788,000 after buying an additional 1,976 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its position in Invesco NASDAQ 100 ETF by 37.2% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 84,694 shares of the company’s stock worth $17,011,000 after buying an additional 22,985 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $194.13 on Wednesday. The stock has a market capitalization of $38.55 billion, a P/E ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The stock’s 50-day simple moving average is $212.94 and its 200 day simple moving average is $207.50.

Invesco NASDAQ 100 ETF Announces Dividend

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

Invesco NASDAQ 100 ETF 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.