Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Purchased by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC grew its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,784 shares of the company’s stock after purchasing an additional 164 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $2,059,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in QQQM. Calton & Associates Inc. raised its stake in shares of Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock valued at $490,000 after purchasing an additional 46 shares in the last quarter. Montag A & Associates Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 15.5% during the fourth quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock valued at $78,000 after buying an additional 50 shares during the last quarter. Fulcrum Equity Management grew its holdings in Invesco NASDAQ 100 ETF by 3.3% in the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after buying an additional 56 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after acquiring an additional 56 shares in the last quarter. Finally, Proactive Wealth Strategies LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 1.4% during the fourth quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after purchasing an additional 59 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ QQQM opened at $221.18 on Friday. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $222.64. The firm has a market capitalization of $43.92 billion, a PE ratio of 34.39 and a beta of 1.18. The company’s 50 day simple moving average is $215.51 and its 200 day simple moving average is $205.84.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date of this dividend 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.