Highline Wealth Partners LLC Buys 876 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Highline Wealth Partners LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,298 shares of the company’s stock after acquiring an additional 876 shares during the quarter. Invesco NASDAQ 100 ETF accounts for approximately 1.1% of Highline Wealth Partners LLC’s portfolio, making the stock its 27th largest holding. Highline Wealth Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,430,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV bought a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth $29,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. National Bank of Canada FI grew its position in shares of Invesco NASDAQ 100 ETF by 72.7% in 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 last quarter. Mendota Financial Group LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $40,000. Finally, Abich Financial Wealth Management LLC purchased a new stake in Invesco NASDAQ 100 ETF in the third quarter worth $43,000.

Invesco NASDAQ 100 ETF Trading Down 1.1 %

QQQM traded down $2.32 during trading on Friday, reaching $209.85. The stock had a trading volume of 1,706,308 shares, compared to its average volume of 2,407,371. Invesco NASDAQ 100 ETF has a one year low of $165.86 and a one year high of $221.92. The company has a market capitalization of $38.70 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The stock’s 50 day moving average is $211.79 and its two-hundred day moving average is $201.98.

Invesco NASDAQ 100 ETF Dividend Announcement

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