Next Capital Management LLC Buys 817 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Next Capital Management LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 19.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,928 shares of the company’s stock after purchasing an additional 817 shares during the quarter. Next Capital Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,037,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of QQQM. Financial Management Professionals Inc. bought a new position in Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $31,000. Kieckhefer Group LLC bought a new stake in Invesco NASDAQ 100 ETF in the 4th quarter worth about $32,000. Blue Trust Inc. purchased a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at about $49,000. Finally, Hobbs Group Advisors LLC increased its position in shares of Invesco NASDAQ 100 ETF by 257.1% during the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after acquiring an additional 180 shares during the last quarter.

Invesco NASDAQ 100 ETF Trading Down 1.7 %

QQQM stock opened at $195.48 on Wednesday. The stock has a market cap of $38.82 billion, a P/E ratio of 30.79 and a beta of 1.18. The stock’s fifty day simple moving average is $211.32 and its two-hundred day simple moving average is $207.53. 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 declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.3103 per share. The ex-dividend date 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.