Atlas Private Wealth Advisors Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Atlas Private Wealth Advisors bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 11,481 shares of the company’s stock, valued at approximately $2,416,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Management Professionals Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at about $25,000. Massmutual Trust Co. FSB ADV acquired a new stake in Invesco NASDAQ 100 ETF during the third quarter worth about $29,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000. Kieckhefer Group LLC acquired a new position in Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $32,000. Finally, Mendota Financial Group LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $40,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $218.05 on Friday. The firm’s 50 day simple moving average is $213.18 and its 200-day simple moving average is $203.05. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $221.92. The stock has a market capitalization of $42.31 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders 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.

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.