Brueske Advisory Services LLC Takes $8.14 Million Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Brueske Advisory Services LLC bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 38,686 shares of the company’s stock, valued at approximately $8,142,000. Invesco NASDAQ 100 ETF makes up approximately 7.2% of Brueske Advisory Services LLC’s investment portfolio, making the stock its 4th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Calton & Associates Inc. grew its position in Invesco NASDAQ 100 ETF by 2.0% during the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after buying an additional 46 shares in the last quarter. Montag A & Associates Inc. increased its holdings 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 purchasing an additional 50 shares in the last quarter. Fulcrum Equity Management increased its holdings 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 purchasing an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its holdings 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 purchasing an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC raised its position in shares of Invesco NASDAQ 100 ETF by 1.4% during the 4th quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after acquiring an additional 59 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $211.88 on Thursday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The firm has a fifty day moving average of $215.13 and a two-hundred day moving average of $206.89. The stock has a market capitalization of $43.15 billion, a price-to-earnings ratio of 33.44 and a beta of 1.14.

Invesco NASDAQ 100 ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.3103 per share. 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.