Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Stock Position Lifted by Verde Capital Management

Posted by Patrick Bannon on Jan 24th, 2025

Verde Capital Management lifted its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 143,162 shares of the company’s stock after purchasing an additional 1,376 shares during the period. Invesco NASDAQ 100 ETF accounts for about 8.5% of Verde Capital Management’s investment portfolio, making the stock its 3rd biggest holding. Verde Capital Management owned about 0.08% of Invesco NASDAQ 100 ETF worth $30,128,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in QQQM. Financial Management Professionals Inc. bought a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth about $25,000. Massmutual Trust Co. FSB ADV bought a new stake in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $29,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. Kieckhefer Group LLC bought a new position in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $32,000. Finally, Mendota Financial Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth $40,000.

Invesco NASDAQ 100 ETF Price Performance

Invesco NASDAQ 100 ETF stock opened at $219.31 on Friday. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $221.92. The business’s fifty day moving average is $212.71 and its 200 day moving average is $202.84. The stock has a market capitalization of $42.45 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared 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.

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.