Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Bought by Pitti Group Wealth Management LLC

Pitti Group Wealth Management LLC boosted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 27.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,331 shares of the company’s stock after purchasing an additional 507 shares during the period. Pitti Group Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $491,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 60.8% during the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after acquiring an additional 284 shares during the period. Sheaff Brock Investment Advisors LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at about $204,000. Mount Lucas Management LP grew its position in shares of Invesco NASDAQ 100 ETF by 28.6% during the 3rd quarter. Mount Lucas Management LP now owns 10,158 shares of the company’s stock valued at $2,040,000 after acquiring an additional 2,259 shares during the period. Thrivent Financial for Lutherans grew its position in shares of Invesco NASDAQ 100 ETF by 15.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 251,939 shares of the company’s stock valued at $50,602,000 after acquiring an additional 33,568 shares during the period. Finally, Theory Financial LLC grew its position in shares of Invesco NASDAQ 100 ETF by 32.2% during the 3rd quarter. Theory Financial LLC now owns 30,408 shares of the company’s stock valued at $6,055,000 after acquiring an additional 7,404 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 2.4 %

NASDAQ:QQQM opened at $197.48 on Monday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The stock has a market capitalization of $39.70 billion, a PE ratio of 30.79 and a beta of 1.15. The stock’s 50-day moving average price is $211.99 and its 200-day moving average price is $207.50.

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 paid a $0.3103 dividend. The ex-dividend date of this dividend 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.