Worth Asset Management LLC Boosts Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Worth Asset Management LLC increased its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 33.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,062 shares of the company’s stock after buying an additional 4,985 shares during the period. Invesco NASDAQ 100 ETF accounts for 2.3% of Worth Asset Management LLC’s holdings, making the stock its 8th biggest holding. Worth Asset Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,222,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Massmutual Trust Co. FSB ADV acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at about $29,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $31,000. National Bank of Canada FI raised its stake in Invesco NASDAQ 100 ETF by 72.7% during the 2nd quarter. National Bank of Canada FI now owns 190 shares of the company’s stock worth $38,000 after buying an additional 80 shares during the period. Mendota Financial Group LLC bought a new position in Invesco NASDAQ 100 ETF in the third quarter worth approximately $40,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $43,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM traded down $0.45 during midday trading on Wednesday, reaching $211.64. 953,512 shares of the company were exchanged, compared to its average volume of 2,333,566. The company has a market cap of $39.03 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $165.37 and a one year high of $221.92. The company’s fifty day moving average price is $211.38 and its 200 day moving average price is $201.84.

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 issued a dividend of $0.3103 per share. 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.