Aspire Growth Partners LLC Purchases Shares of 16,472 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Aspire Growth Partners LLC acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,472 shares of the company’s stock, valued at approximately $3,467,000. Invesco NASDAQ 100 ETF comprises 3.4% of Aspire Growth Partners LLC’s investment portfolio, making the stock its 5th biggest holding.

Other large investors also recently modified their holdings of the company. Financial Management Professionals Inc. purchased a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at $25,000. Kieckhefer Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $32,000. Nemes Rush Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at about $32,000. Tucker Asset Management LLC lifted its position in shares of Invesco NASDAQ 100 ETF by 122.0% during the fourth quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock valued at $43,000 after purchasing an additional 111 shares in the last quarter. Finally, Blue Trust Inc. purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth about $49,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $201.24 on Friday. The company has a market capitalization of $42.93 billion, a price-to-earnings ratio of 27.89 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $165.72 and a 52-week high of $222.64. The company has a 50-day simple moving average of $193.33 and a two-hundred day simple moving average of $205.64.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Investors 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 of this dividend 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.