PKS Advisory Services LLC Takes Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

PKS Advisory Services LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,623 shares of the company’s stock, valued at approximately $342,000.

Other large investors have also recently added to or reduced their stakes in the company. Calton & Associates Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 2.0% in the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after purchasing an additional 46 shares in the last quarter. Montag A & Associates Inc. grew its position in Invesco NASDAQ 100 ETF by 15.5% in the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock valued at $78,000 after buying an additional 50 shares in the last quarter. Fulcrum Equity Management increased its stake in Invesco NASDAQ 100 ETF by 3.3% during the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after buying an additional 56 shares during the period. Robertson Stephens Wealth Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 1.8% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock worth $654,000 after acquiring an additional 56 shares during the period. Finally, Proactive Wealth Strategies LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 1.4% in the fourth quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after acquiring an additional 59 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $203.13 on Wednesday. The firm has a market capitalization of $40.34 billion, a PE ratio of 30.79 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. The company’s 50 day simple moving average is $210.30 and its 200 day simple moving average is $207.87.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.3176 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31.

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.