CFS Investment Advisory Services LLC Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

CFS Investment Advisory Services LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,445 shares of the company’s stock after purchasing an additional 193 shares during the period. CFS Investment Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,198,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its stake in Invesco NASDAQ 100 ETF by 1,152.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 15,242 shares of the company’s stock valued at $3,208,000 after acquiring an additional 14,025 shares during the period. DGS Capital Management LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $329,000. Atlas Private Wealth Advisors bought a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $2,416,000. Encompass More Asset Management purchased a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth approximately $327,000. Finally, RFG Advisory LLC grew its position in Invesco NASDAQ 100 ETF by 8.1% in the 4th quarter. RFG Advisory LLC now owns 381,653 shares of the company’s stock worth $80,319,000 after purchasing an additional 28,463 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $218.05 on Friday. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $221.92. The business has a fifty day moving average of $213.18 and a 200 day moving average of $203.05. The firm has a market capitalization of $42.31 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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

About Invesco NASDAQ 100 ETF

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.