Kiker Wealth Management LLC Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Kiker Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 19,764 shares of the company’s stock, valued at approximately $4,159,000. Invesco NASDAQ 100 ETF accounts for 3.4% of Kiker Wealth Management LLC’s portfolio, making the stock its 8th largest holding.

A number of other institutional investors have also recently bought and sold shares of QQQM. Apollon Wealth Management LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 793.0% during the fourth quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock worth $16,021,000 after purchasing an additional 67,604 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 26.4% during the third quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after purchasing an additional 9,469 shares in the last quarter. Benjamin Edwards Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 9,318.8% during the third quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock worth $303,000 after purchasing an additional 1,491 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Invesco NASDAQ 100 ETF by 2,926.5% during the third quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock worth $4,208,000 after purchasing an additional 20,310 shares in the last quarter. Finally, SeaCrest Wealth Management LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 9.1% during the fourth quarter. SeaCrest Wealth Management LLC now owns 1,154 shares of the company’s stock worth $243,000 after purchasing an additional 96 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Down 0.3 %

Shares of NASDAQ QQQM opened at $197.30 on Friday. The company’s fifty day moving average is $210.74 and its 200-day moving average is $207.40. The stock has a market cap of $39.18 billion, a price-to-earnings ratio of 30.79 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.3103 dividend. 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.