Kings Path Partners LLC Acquires Shares of 500 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Kings Path Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 500 shares of the company’s stock, valued at approximately $105,000.

Other large investors also recently modified their holdings of the company. National Bank of Canada FI raised its holdings in 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 worth $38,000 after buying an additional 80 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 10,544.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 4,016,689 shares of the company’s stock worth $7,917,000 after acquiring an additional 3,978,954 shares during the last quarter. Weitzel Financial Services Inc. bought a new position in Invesco NASDAQ 100 ETF in the 2nd quarter valued at about $217,000. Financial Gravity Asset Management Inc. boosted its stake in Invesco NASDAQ 100 ETF by 79.6% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 600 shares of the company’s stock valued at $118,000 after purchasing an additional 266 shares during the last quarter. Finally, Pier 88 Investment Partners LLC increased its holdings in Invesco NASDAQ 100 ETF by 51.9% during the 2nd quarter. Pier 88 Investment Partners LLC now owns 4,100 shares of the company’s stock worth $808,000 after purchasing an additional 1,400 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 1.2 %

Invesco NASDAQ 100 ETF stock traded up $2.62 during trading on Monday, hitting $216.08. 1,423,355 shares of the company were exchanged, compared to its average volume of 2,387,896. The business’s 50 day moving average is $211.01 and its 200 day moving average is $201.59. Invesco NASDAQ 100 ETF has a 52 week low of $163.78 and a 52 week high of $221.92. The company has a market capitalization of $40.04 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF Company 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.