Bright Financial Advisors Inc. Has $2.14 Million Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Stacy Sanders on Feb 7th, 2025

Bright Financial Advisors Inc. reduced its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 1.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 10,181 shares of the company’s stock after selling 150 shares during the period. Invesco NASDAQ 100 ETF accounts for 1.3% of Bright Financial Advisors Inc.’s investment portfolio, making the stock its 20th biggest position. Bright Financial Advisors Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $2,143,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Kieckhefer Group LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 4th quarter valued at $32,000. Mendota Financial Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth $40,000. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of Invesco NASDAQ 100 ETF in the third quarter worth $43,000.

Invesco NASDAQ 100 ETF Trading Up 0.5 %

NASDAQ QQQM opened at $218.04 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $221.92. The company has a market capitalization of $43.30 billion, a PE ratio of 34.39 and a beta of 1.18. The firm’s fifty day simple moving average is $214.28 and its 200-day simple moving average is $203.77.

Invesco NASDAQ 100 ETF Dividend Announcement

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.

Invesco NASDAQ 100 ETF Company Profile

(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.