Hudock Inc. Has $19.82 Million Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Hudock Inc. trimmed its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 94,198 shares of the company’s stock after selling 56 shares during the period. Invesco NASDAQ 100 ETF comprises approximately 3.5% of Hudock Inc.’s investment portfolio, making the stock its 9th biggest position. Hudock Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $19,824,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Consolidated Planning Corp boosted its holdings in Invesco NASDAQ 100 ETF by 95.3% during the fourth quarter. Consolidated Planning Corp now owns 30,862 shares of the company’s stock worth $6,495,000 after buying an additional 15,060 shares in the last quarter. Great Lakes Retirement Inc. acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $2,933,000. Gladstone Institutional Advisory LLC boosted its stake in Invesco NASDAQ 100 ETF by 21.6% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 103,209 shares of the company’s stock worth $21,720,000 after purchasing an additional 18,365 shares during the period. Ridgeline Wealth Planning LLC acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $200,000. Finally, Stonebridge Financial Group LLC acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $301,000.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock opened at $217.54 on Thursday. The company has a 50 day moving average price of $214.80 and a 200 day moving average price of $204.51. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The firm has a market capitalization of $43.20 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid 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.