Kayne Anderson Rudnick Investment Management LLC Acquires 726 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Kayne Anderson Rudnick Investment Management LLC grew its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 177,719 shares of the company’s stock after acquiring an additional 726 shares during the period. Kayne Anderson Rudnick Investment Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $37,394,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Calton & Associates Inc. lifted 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 valued at $490,000 after purchasing an additional 46 shares in the last quarter. Montag A & Associates Inc. raised its stake 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 worth $78,000 after buying an additional 50 shares during the period. Fulcrum Equity Management lifted its position in shares of Invesco NASDAQ 100 ETF by 3.3% during the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after buying an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after acquiring an additional 56 shares during the period. Finally, Proactive Wealth Strategies LLC increased its holdings in Invesco NASDAQ 100 ETF by 1.4% in the 4th quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock worth $886,000 after acquiring an additional 59 shares in the last quarter.

Invesco NASDAQ 100 ETF Trading Down 0.0 %

NASDAQ QQQM opened at $182.86 on Monday. The stock has a market cap of $38.27 billion, a price-to-earnings ratio of 30.31 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12 month low of $165.72 and a 12 month high of $222.64. The company’s 50 day moving average is $198.68 and its two-hundred day moving average is $206.38.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3176 per share. This is an increase from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

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.