Moors & Cabot Inc. Purchases 2,001 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Moors & Cabot Inc. raised its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 114.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,753 shares of the company’s stock after purchasing an additional 2,001 shares during the period. Moors & Cabot Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its stake in shares of Invesco NASDAQ 100 ETF by 26,756.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock valued at $1,304,234,000 after buying an additional 6,174,281 shares during the period. Raymond James Financial Inc. acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at $374,557,000. IMC Chicago LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $208,737,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Invesco NASDAQ 100 ETF by 13.9% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock worth $1,240,851,000 after purchasing an additional 754,700 shares in the last quarter. Finally, National Mutual Insurance Federation of Agricultural Cooperatives increased its position in shares of Invesco NASDAQ 100 ETF by 30.1% in the fourth quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 3,083,000 shares of the company’s stock worth $648,817,000 after purchasing an additional 713,000 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 2.4 %

QQQM stock opened at $197.48 on Friday. The company has a market cap of $39.21 billion, a PE ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The business has a 50-day simple moving average of $211.99 and a 200 day simple moving average of $207.33.

Invesco NASDAQ 100 ETF Dividend Announcement

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 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.