KPP Advisory Services LLC Has $15.54 Million Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

KPP Advisory Services LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 73,816 shares of the company’s stock after buying an additional 2,892 shares during the quarter. Invesco NASDAQ 100 ETF accounts for about 3.7% of KPP Advisory Services LLC’s portfolio, making the stock its 3rd biggest holding. KPP Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $15,535,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Calton & Associates Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 2.0% during the fourth quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after buying an additional 46 shares in the last quarter. Fulcrum Equity Management boosted its position in Invesco NASDAQ 100 ETF by 3.3% during the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after purchasing an additional 56 shares during the last quarter. Ridgecrest Wealth Partners LLC boosted its position in Invesco NASDAQ 100 ETF by 4.4% during the third quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock valued at $288,000 after purchasing an additional 60 shares during the last quarter. Sugarloaf Wealth Management LLC boosted its position in Invesco NASDAQ 100 ETF by 3.4% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock valued at $431,000 after purchasing an additional 68 shares during the last quarter. Finally, Northstar Group Inc. boosted its position in Invesco NASDAQ 100 ETF by 5.4% during the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock valued at $271,000 after purchasing an additional 69 shares during the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $214.99 on Monday. The stock has a 50 day moving average price of $213.88 and a 200 day moving average price of $203.38. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $221.92. The stock has a market capitalization of $42.64 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given 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.