World Investment Advisors Increases Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

World Investment Advisors grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 32.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,740 shares of the company’s stock after acquiring an additional 10,442 shares during the period. World Investment Advisors’ holdings in Invesco NASDAQ 100 ETF were worth $8,995,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Calton & Associates Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 2.0% during the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after acquiring an additional 46 shares in the last quarter. Montag A & Associates Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 15.5% during the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock worth $78,000 after acquiring an additional 50 shares in the last quarter. Fulcrum Equity Management lifted its stake in Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after purchasing an additional 56 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its holdings in Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after purchasing an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC increased its stake in 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 purchasing an additional 59 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Up 0.7 %

Shares of NASDAQ:QQQM opened at $196.00 on Thursday. The firm has a 50 day simple moving average of $208.02 and a 200-day simple moving average of $207.92. The company has a market capitalization of $40.02 billion, a PE ratio of 30.31 and a beta of 1.15. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

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

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.