Congress Park Capital LLC Has $8.26 Million Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Congress Park Capital LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,239 shares of the company’s stock after buying an additional 1,500 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 3.0% of Congress Park Capital LLC’s portfolio, making the stock its 11th biggest position. Congress Park Capital LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,258,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in QQQM. JGP Wealth Management LLC increased its stake in Invesco NASDAQ 100 ETF by 8.0% during the 4th quarter. JGP Wealth Management LLC now owns 4,932 shares of the company’s stock valued at $1,038,000 after purchasing an additional 365 shares in the last quarter. Carnegie Investment Counsel lifted its stake in shares of Invesco NASDAQ 100 ETF by 8.1% in the fourth quarter. Carnegie Investment Counsel now owns 24,994 shares of the company’s stock valued at $5,260,000 after buying an additional 1,867 shares in the last quarter. Rovin Capital UT ADV grew its holdings in shares of Invesco NASDAQ 100 ETF by 73.2% during the fourth quarter. Rovin Capital UT ADV now owns 60,108 shares of the company’s stock valued at $12,650,000 after buying an additional 25,412 shares during the last quarter. Redhawk Wealth Advisors Inc. increased its position in shares of Invesco NASDAQ 100 ETF by 6.5% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 21,241 shares of the company’s stock worth $4,470,000 after acquiring an additional 1,304 shares in the last quarter. Finally, Armstrong Advisory Group Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 20.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 970 shares of the company’s stock worth $204,000 after acquiring an additional 167 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $211.22 on Friday. The stock has a market cap of $39.11 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.86 and a fifty-two week high of $221.92. The firm’s 50-day simple moving average is $212.32 and its 200 day simple moving average is $202.42.

Invesco NASDAQ 100 ETF Announces Dividend

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