Eldridge Investment Advisors Inc. Acquires 6,273 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Eldridge Investment Advisors Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 39.1% in the 4th quarter, HoldingsChannel reports. The firm owned 22,309 shares of the company’s stock after acquiring an additional 6,273 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 1.1% of Eldridge Investment Advisors Inc.’s investment portfolio, making the stock its 24th biggest holding. Eldridge Investment Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $4,695,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Apollon Wealth Management LLC increased its position in shares of Invesco NASDAQ 100 ETF by 793.0% during 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 during the last quarter. Assetmark Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 60.8% during the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after purchasing an additional 284 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Invesco NASDAQ 100 ETF by 26.4% during 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 during the last quarter. Benjamin Edwards Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 9,318.8% during 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 during the last quarter. Finally, Bank of Montreal Can increased its position in shares of Invesco NASDAQ 100 ETF by 2,926.5% during 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 during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $197.48 on Friday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64. The firm has a market cap of $39.70 billion, a PE ratio of 30.79 and a beta of 1.15. The stock has a fifty day moving average price of $211.99 and a 200-day moving average price of $207.41.

Invesco NASDAQ 100 ETF Announces Dividend

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