Pine Valley Investments Ltd Liability Co Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Pine Valley Investments Ltd Liability Co raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.0% during the fourth quarter, HoldingsChannel reports. The firm owned 23,728 shares of the company’s stock after purchasing an additional 230 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in Invesco NASDAQ 100 ETF were worth $4,994,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwest Capital Management Inc increased its position in shares of Invesco NASDAQ 100 ETF by 16.9% during the 4th quarter. Northwest Capital Management Inc now owns 6,263 shares of the company’s stock valued at $1,318,000 after purchasing an additional 904 shares during the last quarter. IFP Advisors Inc boosted its stake in Invesco NASDAQ 100 ETF by 14.8% in the fourth quarter. IFP Advisors Inc now owns 8,266 shares of the company’s stock worth $1,740,000 after buying an additional 1,068 shares in the last quarter. B&D White Capital Company LLC grew its position in Invesco NASDAQ 100 ETF by 5.8% during the fourth quarter. B&D White Capital Company LLC now owns 105,238 shares of the company’s stock valued at $22,147,000 after acquiring an additional 5,808 shares during the last quarter. Colonial River Investments LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 6.2% during the fourth quarter. Colonial River Investments LLC now owns 23,686 shares of the company’s stock worth $4,985,000 after acquiring an additional 1,373 shares in the last quarter. Finally, World Equity Group Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $565,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $214.04 on Tuesday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The company has a fifty day moving average of $215.48 and a 200-day moving average of $206.47. The stock has a market capitalization of $42.50 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 declared a dividend, which was paid on Friday, December 27th. Shareholders 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 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.