Avior Wealth Management LLC Raises Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Avior Wealth Management LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 25,675.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 55,933 shares of the company’s stock after purchasing an additional 55,716 shares during the quarter. Avior Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $11,771,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of QQQM. Fulcrum Equity Management raised its stake in shares of Invesco NASDAQ 100 ETF by 3.3% in the third quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock valued at $349,000 after buying an additional 56 shares during the period. Ridgecrest Wealth Partners LLC increased its holdings in Invesco NASDAQ 100 ETF by 4.4% in the 3rd quarter. Ridgecrest Wealth Partners LLC now owns 1,434 shares of the company’s stock worth $288,000 after acquiring an additional 60 shares during the last quarter. Sugarloaf Wealth Management LLC raised its stake in Invesco NASDAQ 100 ETF by 3.4% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock valued at $431,000 after acquiring an additional 68 shares during the period. Northstar Group Inc. lifted its holdings in Invesco NASDAQ 100 ETF by 5.4% during the third quarter. Northstar Group Inc. now owns 1,347 shares of the company’s stock valued at $271,000 after purchasing an additional 69 shares during the last quarter. Finally, Zhang Financial LLC boosted its position in Invesco NASDAQ 100 ETF by 2.8% during the third quarter. Zhang Financial LLC now owns 2,574 shares of the company’s stock worth $517,000 after purchasing an additional 70 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 1.3 %

QQQM opened at $218.83 on Thursday. The firm has a 50-day moving average price of $212.55 and a 200-day moving average price of $202.73. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $221.92. The company has a market capitalization of $42.36 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

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