Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Guardian Asset Advisors LLC’s 4th Largest Position

Guardian Asset Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.5% during the 4th quarter, Holdings Channel reports. The firm owned 35,591 shares of the company’s stock after acquiring an additional 3,376 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 4.8% of Guardian Asset Advisors LLC’s investment portfolio, making the stock its 4th largest position. Guardian Asset Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $7,491,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in QQQM. Financial Management Professionals Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $25,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth approximately $32,000. Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $43,000. Finally, Blue Trust Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $49,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $217.54 on Thursday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92. The company has a market capitalization of $43.20 billion, a PE ratio of 34.39 and a beta of 1.18. The company has a fifty day moving average of $214.80 and a 200 day moving average of $204.51.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed 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.

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.