Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Hollencrest Capital Management’s 5th Largest Position

Hollencrest Capital Management increased its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 424,563 shares of the company’s stock after purchasing an additional 1,327 shares during the period. Invesco NASDAQ 100 ETF makes up about 3.6% of Hollencrest Capital Management’s holdings, making the stock its 5th biggest holding. Hollencrest Capital Management owned approximately 0.21% of Invesco NASDAQ 100 ETF worth $89,349,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Apollon Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 793.0% in the 4th quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock valued at $16,021,000 after purchasing an additional 67,604 shares in the last quarter. Assetmark Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 60.8% in the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after purchasing an additional 284 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 26.4% in the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock valued at $9,107,000 after purchasing an additional 9,469 shares in the last quarter. Benjamin Edwards Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 9,318.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after purchasing an additional 1,491 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of Invesco NASDAQ 100 ETF by 2,926.5% in the 3rd quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock valued at $4,208,000 after purchasing an additional 20,310 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $194.13 on Wednesday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The stock has a market capitalization of $38.55 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18. The company has a fifty day moving average of $212.94 and a 200-day moving average of $207.50.

Invesco NASDAQ 100 ETF Dividend Announcement

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

Invesco NASDAQ 100 ETF 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.