Smart Money Group LLC Boosts Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Smart Money Group LLC lifted its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,695 shares of the company’s stock after buying an additional 111 shares during the quarter. Smart Money Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Fulcrum Equity Management grew its holdings in Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after purchasing an additional 56 shares during the period. Ridgecrest Wealth Partners LLC raised its holdings in shares of 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 holdings in Invesco NASDAQ 100 ETF by 3.4% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock worth $431,000 after purchasing an additional 68 shares during the last quarter. Northstar Group Inc. grew its position in Invesco NASDAQ 100 ETF by 5.4% in the 3rd quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock worth $271,000 after purchasing an additional 69 shares during the period. Finally, Zhang Financial LLC raised its stake in Invesco NASDAQ 100 ETF by 2.8% during the 3rd quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock valued at $517,000 after buying an additional 70 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $214.78 on Monday. The firm has a market capitalization of $39.76 billion, a P/E ratio of 34.39 and a beta of 1.18. The business has a fifty day moving average of $212.38 and a 200 day moving average of $202.55. Invesco NASDAQ 100 ETF has a one year low of $168.46 and a one year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders 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.