Concurrent Investment Advisors LLC Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Concurrent Investment Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 131.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,043 shares of the company’s stock after buying an additional 10,829 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,008,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Meitav Investment House Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 12.7% during the 4th quarter. Meitav Investment House Ltd. now owns 1,791,275 shares of the company’s stock worth $376,669,000 after acquiring an additional 201,737 shares in the last quarter. Ieq Capital LLC increased its stake in Invesco NASDAQ 100 ETF by 1.1% during the fourth quarter. Ieq Capital LLC now owns 203,441 shares of the company’s stock worth $42,814,000 after purchasing an additional 2,158 shares during the period. Private Advisor Group LLC increased its stake in Invesco NASDAQ 100 ETF by 5.4% during the fourth quarter. Private Advisor Group LLC now owns 693,008 shares of the company’s stock worth $145,845,000 after purchasing an additional 35,498 shares during the period. Good Life Advisors LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 49.3% during the fourth quarter. Good Life Advisors LLC now owns 2,257 shares of the company’s stock worth $475,000 after purchasing an additional 745 shares in the last quarter. Finally, Strata Wealth Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at approximately $237,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $221.18 on Friday. The stock has a market capitalization of $43.92 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64. The company has a 50 day moving average price of $215.51 and a 200 day moving average price of $205.84.

Invesco NASDAQ 100 ETF Dividend Announcement

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