Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Wealthgarden F.S. LLC’s 8th Largest Position

Wealthgarden F.S. LLC trimmed its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 21.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,479 shares of the company’s stock after selling 2,784 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 2.1% of Wealthgarden F.S. LLC’s portfolio, making the stock its 8th largest position. Wealthgarden F.S. LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,205,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in QQQM. Financial Management Professionals Inc. purchased a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth $25,000. Legacy Investment Solutions LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter worth about $31,000. Kieckhefer Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $32,000. Abich Financial Wealth Management LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $43,000. Finally, Blue Trust Inc. bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $49,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM opened at $216.61 on Friday. The firm has a market cap of $43.01 billion, a PE ratio of 34.39 and a beta of 1.18. The firm’s 50 day moving average price is $215.48 and its 200 day moving average price is $206.10. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

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