Graney & King LLC Purchases New Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Graney & King LLC purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, Holdings Channel reports. The firm purchased 17,160 shares of the company’s stock, valued at approximately $3,611,000. Invesco NASDAQ 100 ETF makes up about 2.7% of Graney & King LLC’s holdings, making the stock its 8th biggest holding.

A number of other large investors have also recently bought and sold shares of the business. Apollon Wealth Management LLC increased its position in Invesco NASDAQ 100 ETF by 793.0% in the 4th quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock valued at $16,021,000 after acquiring an additional 67,604 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 26.4% during 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. grew its position in Invesco NASDAQ 100 ETF by 9,318.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after buying an additional 1,491 shares during the last quarter. Bank of Montreal Can raised its position in Invesco NASDAQ 100 ETF by 2,926.5% during the 3rd quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock worth $4,208,000 after buying an additional 20,310 shares during the last quarter. Finally, SeaCrest Wealth Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 9.1% in the 4th quarter. SeaCrest Wealth Management LLC now owns 1,154 shares of the company’s stock worth $243,000 after acquiring an additional 96 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.6 %

Shares of Invesco NASDAQ 100 ETF stock opened at $203.13 on Wednesday. The firm has a market cap of $40.34 billion, a price-to-earnings ratio of 30.79 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 company’s 50-day simple moving average is $210.30 and its 200-day simple moving average is $207.87.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a dividend of $0.3176 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.