Prospect Financial Services LLC Grows Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Jeff Wilder on Jan 28th, 2025

Prospect Financial Services LLC grew its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 4.9% during the fourth quarter, HoldingsChannel reports. The firm owned 3,255 shares of the company’s stock after buying an additional 152 shares during the period. Prospect Financial Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $685,000 as of its most recent SEC filing.

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

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $211.71 on Tuesday. The firm has a fifty day moving average of $213.18 and a two-hundred day moving average of $203.01. The firm has a market cap of $41.08 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors 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

(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.