Proficio Capital Partners LLC Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Proficio Capital Partners LLC acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,700 shares of the company’s stock, valued at approximately $6,882,000.

Other hedge funds have also recently bought and sold shares of the company. Calton & Associates Inc. increased 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 valued at $490,000 after buying an additional 46 shares in the last quarter. Montag A & Associates Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 15.5% in the fourth 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 shares of Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after buying an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its stake in shares of 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 buying an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC increased its stake 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 buying an additional 59 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $197.48 on Monday. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month 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 business has a fifty day moving average of $211.99 and a 200-day moving average of $207.50.

Invesco NASDAQ 100 ETF Dividend Announcement

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