Procyon Advisors LLC Has $731,000 Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Procyon Advisors LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 51.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,472 shares of the company’s stock after buying an additional 1,172 shares during the period. Procyon Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $731,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Edgestream Partners L.P. acquired a new position in shares of Invesco NASDAQ 100 ETF during the second quarter valued at about $295,000. Mercer Global Advisors Inc. ADV lifted its position in Invesco NASDAQ 100 ETF by 1.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,422 shares of the company’s stock valued at $1,463,000 after acquiring an additional 76 shares in the last quarter. Blair William & Co. IL boosted its stake in Invesco NASDAQ 100 ETF by 83.3% during the 2nd quarter. Blair William & Co. IL now owns 6,567 shares of the company’s stock valued at $1,294,000 after purchasing an additional 2,984 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in Invesco NASDAQ 100 ETF by 20.7% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,413 shares of the company’s stock worth $279,000 after purchasing an additional 242 shares in the last quarter. Finally, AE Wealth Management LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 3.3% in the second quarter. AE Wealth Management LLC now owns 11,519 shares of the company’s stock worth $2,270,000 after purchasing an additional 364 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.7 %

Shares of NASDAQ:QQQM opened at $214.78 on Friday. The stock has a market cap of $39.76 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business’s 50 day moving average is $212.38 and its 200 day moving average is $202.55. Invesco NASDAQ 100 ETF has a 12-month low of $168.46 and a 12-month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently disclosed 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 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.