TrueWealth Advisors LLC Acquires 177 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

TrueWealth Advisors LLC increased its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,092 shares of the company’s stock after purchasing an additional 177 shares during the quarter. TrueWealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,282,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. Massmutual Trust Co. FSB ADV bought a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $29,000. Legacy Investment Solutions LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $31,000. Kieckhefer Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $32,000. Mendota Financial Group LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth $40,000. Finally, Abich Financial Wealth Management LLC bought a new position in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $43,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $214.78 on Friday. The firm has a market cap of $39.76 billion, a PE ratio of 34.39 and a beta of 1.18. The firm has a fifty day moving average price of $212.38 and a 200 day moving average price of $202.53. Invesco NASDAQ 100 ETF has a fifty-two week low of $168.46 and a fifty-two week high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

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