Collaborative Wealth Managment Inc. Purchases 986 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Collaborative Wealth Managment Inc. lifted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,397 shares of the company’s stock after acquiring an additional 986 shares during the period. Invesco NASDAQ 100 ETF accounts for 3.2% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 7th largest position. Collaborative Wealth Managment Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $7,028,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $25,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Kieckhefer Group LLC acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $32,000. Blue Trust Inc. acquired a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth $49,000. Finally, Hobbs Group Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 257.1% during the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after buying an additional 180 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $197.48 on Friday. The stock’s fifty day moving average is $211.99 and its two-hundred day moving average is $207.41. The firm has a market capitalization of $39.70 billion, a P/E ratio of 30.79 and a beta of 1.15. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

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

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.