Tucker Asset Management LLC Acquires 111 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Tucker Asset Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 122.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 202 shares of the company’s stock after acquiring an additional 111 shares during the quarter. Tucker Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $43,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Apollon Wealth Management LLC increased its position in Invesco NASDAQ 100 ETF by 793.0% during the fourth 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 last quarter. HighTower Advisors LLC grew 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 in the last quarter. Benjamin Edwards Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 9,318.8% during the third 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 period. Bank of Montreal Can raised its holdings in shares of Invesco NASDAQ 100 ETF by 2,926.5% in the third quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock valued at $4,208,000 after acquiring an additional 20,310 shares in the last quarter. Finally, SeaCrest Wealth Management LLC lifted its stake in Invesco NASDAQ 100 ETF by 9.1% in the fourth 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 Performance

NASDAQ QQQM opened at $193.08 on Friday. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64. The company has a market capitalization of $38.34 billion, a price-to-earnings ratio of 30.79 and a beta of 1.18. The company’s 50-day simple moving average is $209.34 and its two-hundred day simple moving average is $207.92.

Invesco NASDAQ 100 ETF Increases Dividend

The firm 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.

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.