City State Bank Boosts Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

City State Bank grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,345 shares of the company’s stock after buying an additional 75 shares during the period. City State Bank’s holdings in Invesco NASDAQ 100 ETF were worth $914,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in QQQM. National Bank of Canada FI increased its stake in shares of Invesco NASDAQ 100 ETF by 72.7% during the second quarter. National Bank of Canada FI now owns 190 shares of the company’s stock valued at $38,000 after buying an additional 80 shares during the period. Oppenheimer & Co. Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 4.3% during the second quarter. Oppenheimer & Co. Inc. now owns 25,728 shares of the company’s stock valued at $5,071,000 after buying an additional 1,072 shares during the period. J.W. Cole Advisors Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 40.1% during the second quarter. J.W. Cole Advisors Inc. now owns 10,083 shares of the company’s stock valued at $1,987,000 after purchasing an additional 2,886 shares in the last quarter. Retirement Planning Co of New England Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 29.6% during the second quarter. Retirement Planning Co of New England Inc. now owns 2,329 shares of the company’s stock valued at $459,000 after purchasing an additional 532 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners boosted its position in shares of Invesco NASDAQ 100 ETF by 27.0% during the second quarter. Tennessee Valley Asset Management Partners now owns 9,043 shares of the company’s stock valued at $1,782,000 after purchasing an additional 1,920 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM traded down $1.97 during mid-day trading on Monday, hitting $206.88. 720,029 shares of the stock traded hands, compared to its average volume of 2,320,355. Invesco NASDAQ 100 ETF has a 52 week low of $165.86 and a 52 week high of $221.92. The company has a market cap of $38.17 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The stock has a fifty day moving average price of $211.96 and a 200-day moving average price of $202.14.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.3103 per share. 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.