Farther Finance Advisors LLC Purchases 6,920 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Farther Finance Advisors LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 321.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,074 shares of the company’s stock after purchasing an additional 6,920 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,910,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of QQQM. Assetmark Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 60.8% in the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after purchasing an additional 284 shares during the period. Apollon Wealth Management LLC raised its position in shares of Invesco NASDAQ 100 ETF by 61.0% in the third quarter. Apollon Wealth Management LLC now owns 8,525 shares of the company’s stock valued at $1,712,000 after purchasing an additional 3,229 shares during the period. Harbour Investments Inc. raised its position in shares of Invesco NASDAQ 100 ETF by 28.5% in the third quarter. Harbour Investments Inc. now owns 8,903 shares of the company’s stock valued at $1,788,000 after purchasing an additional 1,976 shares during the period. Ashton Thomas Private Wealth LLC raised its position in shares of Invesco NASDAQ 100 ETF by 13.3% in the third quarter. Ashton Thomas Private Wealth LLC now owns 7,016 shares of the company’s stock valued at $1,409,000 after purchasing an additional 825 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 20.0% in the third quarter. Prime Capital Investment Advisors LLC now owns 3,656 shares of the company’s stock valued at $734,000 after purchasing an additional 609 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 1.8 %

Shares of Invesco NASDAQ 100 ETF stock opened at $192.82 on Friday. The company’s fifty day simple moving average is $212.31 and its 200-day simple moving average is $207.32. The company has a market cap of $38.29 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed 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 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.