National Wealth Management Group LLC Has $2.57 Million Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

National Wealth Management Group LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 12,201 shares of the company’s stock after acquiring an additional 599 shares during the period. Invesco NASDAQ 100 ETF makes up 1.7% of National Wealth Management Group LLC’s holdings, making the stock its 16th largest position. National Wealth Management Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,568,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Financial Management Professionals Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $25,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF in the third quarter valued at about $31,000. Nemes Rush Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $32,000. Kieckhefer Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $32,000. Finally, Tucker Asset Management LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 122.0% during the 4th quarter. Tucker Asset Management LLC now owns 202 shares of the company’s stock valued at $43,000 after purchasing an additional 111 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $193.02 on Tuesday. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The company’s 50 day moving average price is $208.90 and its two-hundred day moving average price is $208.02. The company has a market capitalization of $38.33 billion, a P/E ratio of 30.79 and a beta of 1.18.

Invesco NASDAQ 100 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.3176 per share. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

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.