Wealthcare Advisory Partners LLC Raises Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Wealthcare Advisory Partners LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 8.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 33,237 shares of the company’s stock after buying an additional 2,556 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,995,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Massmutual Trust Co. FSB ADV purchased a new position in Invesco NASDAQ 100 ETF in the third quarter valued at $29,000. Legacy Investment Solutions LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Kieckhefer Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $32,000. Mendota Financial Group LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $40,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $43,000.

Invesco NASDAQ 100 ETF Stock Down 0.7 %

Shares of QQQM opened at $211.22 on Friday. The company has a market capitalization of $39.11 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 52-week low of $165.86 and a 52-week high of $221.92. The stock has a 50 day moving average price of $212.32 and a 200 day moving average price of $202.42.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.3103 dividend. The ex-dividend date of this dividend 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.