Atlas Capital Advisors Inc. Buys Shares of 274 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Atlas Capital Advisors Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 274 shares of the company’s stock, valued at approximately $58,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Captrust Financial Advisors lifted its stake in Invesco NASDAQ 100 ETF by 55.1% during the third quarter. Captrust Financial Advisors now owns 5,688 shares of the company’s stock worth $1,142,000 after purchasing an additional 2,020 shares during the last quarter. Benjamin Edwards Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 9,318.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock worth $303,000 after buying an additional 1,491 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 26.4% during the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after buying an additional 9,469 shares during the last quarter. Quantinno Capital Management LP acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at about $385,000. Finally, Stifel Financial Corp grew its position in Invesco NASDAQ 100 ETF by 5.2% in the third quarter. Stifel Financial Corp now owns 72,943 shares of the company’s stock valued at $14,651,000 after acquiring an additional 3,604 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Down 6.1 %

Shares of NASDAQ QQQM opened at $174.28 on Friday. The company has a market cap of $35.58 billion, a price-to-earnings ratio of 30.31 and a beta of 1.15. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $222.64. The stock has a 50-day moving average price of $206.47 and a two-hundred day moving average price of $207.72.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.3176 dividend. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, March 24th.

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.