Kovack Advisors Inc. Boosts Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Mitch Edgeman on Mar 1st, 2025

Kovack Advisors Inc. lifted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 28.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,418 shares of the company’s stock after acquiring an additional 535 shares during the period. Kovack Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $509,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Financial Management Professionals Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $25,000. Legacy Investment Solutions LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter worth $31,000. Kieckhefer Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $32,000. Blue Trust Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $49,000. Finally, Hobbs Group Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 257.1% during the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after purchasing an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $209.26 on Friday. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $222.64. The company has a market capitalization of $41.55 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18. The firm’s fifty day moving average price is $214.93 and its 200 day moving average price is $207.05.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.3103 per share. The ex-dividend date was Monday, December 23rd.

About Invesco NASDAQ 100 ETF

(Free Report)

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.