Dorsey & Whitney Trust CO LLC Acquires Shares of 6,027 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Dorsey & Whitney Trust CO LLC acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, Holdings Channel reports. The fund acquired 6,027 shares of the company’s stock, valued at approximately $1,268,000.

Other institutional investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $25,000. Legacy Investment Solutions LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at approximately $31,000. Kieckhefer Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $32,000. Blue Trust Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $49,000. Finally, Hobbs Group Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 257.1% in the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after buying an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.7 %

Shares of NASDAQ:QQQM opened at $202.50 on Friday. The firm has a 50 day moving average of $213.61 and a 200-day moving average of $207.46. The stock has a market capitalization of $40.21 billion, a PE ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

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