Twin Peaks Wealth Advisors LLC Buys 312 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Twin Peaks Wealth Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,112 shares of the company’s stock after acquiring an additional 312 shares during the period. Twin Peaks Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,027,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Cornerstone Wealth Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF by 14.6% during the 1st quarter. Cornerstone Wealth Management LLC now owns 27,072 shares of the company’s stock worth $4,946,000 after purchasing an additional 3,452 shares in the last quarter. Kaye Capital Management grew its holdings in shares of Invesco NASDAQ 100 ETF by 35.0% during the 1st quarter. Kaye Capital Management now owns 16,217 shares of the company’s stock worth $2,963,000 after purchasing an additional 4,201 shares in the last quarter. Marshall Financial Group LLC boosted its stake in Invesco NASDAQ 100 ETF by 38.3% in the first quarter. Marshall Financial Group LLC now owns 3,988 shares of the company’s stock valued at $729,000 after buying an additional 1,104 shares in the last quarter. Teamwork Financial Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 19.9% in the first quarter. Teamwork Financial Advisors LLC now owns 26,704 shares of the company’s stock valued at $4,879,000 after buying an additional 4,441 shares in the last quarter. Finally, Strategic Advisors LLC acquired a new stake in Invesco NASDAQ 100 ETF in the first quarter valued at about $1,036,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM traded up $0.09 during trading hours on Wednesday, hitting $205.90. The company’s stock had a trading volume of 304,016 shares, compared to its average volume of 1,825,176. The stock has a fifty day simple moving average of $198.04 and a 200-day simple moving average of $192.54. The company has a market capitalization of $35.28 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $142.62 and a twelve month high of $207.24.

Invesco NASDAQ 100 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.58%. The ex-dividend date was Monday, September 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.