Ashton Thomas Private Wealth LLC Increases Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Ashton Thomas Private Wealth LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 86.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,084 shares of the company’s stock after buying an additional 6,068 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,754,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Calton & Associates Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 2.0% during the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock valued at $490,000 after buying an additional 46 shares during the period. Montag A & Associates Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 15.5% during the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock valued at $78,000 after buying an additional 50 shares during the period. Fulcrum Equity Management raised its holdings in shares of Invesco NASDAQ 100 ETF by 3.3% during the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after buying an additional 56 shares during the period. Robertson Stephens Wealth Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after buying an additional 56 shares during the period. Finally, Proactive Wealth Strategies LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 1.4% during the 4th quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after buying an additional 59 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.7 %

QQQM stock opened at $202.50 on Friday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The stock’s 50 day moving average is $213.61 and its two-hundred day moving average is $207.39. The company has a market capitalization of $40.21 billion, a PE ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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