Spectrum Wealth Advisory Group LLC Buys 15,192 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Spectrum Wealth Advisory Group LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,894 shares of the company’s stock after buying an additional 15,192 shares during the period. Invesco NASDAQ 100 ETF accounts for 8.4% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 3rd largest position. Spectrum Wealth Advisory Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $17,866,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Calton & Associates Inc. boosted its stake 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 worth $490,000 after buying an additional 46 shares during the last quarter. Montag A & Associates Inc. boosted its stake in Invesco NASDAQ 100 ETF by 15.5% during 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 last quarter. Fulcrum Equity Management boosted its stake in Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after buying an additional 56 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its stake in Invesco NASDAQ 100 ETF by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock worth $654,000 after buying an additional 56 shares during the last quarter. Finally, Ridgecrest Wealth Partners LLC boosted its stake in Invesco NASDAQ 100 ETF by 4.4% during the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after buying an additional 60 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Up 0.4 %

Shares of Invesco NASDAQ 100 ETF stock opened at $221.56 on Friday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The business’s fifty day simple moving average is $215.06 and its 200-day simple moving average is $205.05. The firm has a market cap of $44.00 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The firm 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 of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF 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.