HBW Advisory Services LLC Has $6.31 Million Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

HBW Advisory Services LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 16.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 29,976 shares of the company’s stock after purchasing an additional 4,290 shares during the period. Invesco NASDAQ 100 ETF makes up approximately 0.9% of HBW Advisory Services LLC’s portfolio, making the stock its 24th biggest holding. HBW Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $6,308,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQM. National Bank of Canada FI boosted its stake 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. MGO One Seven LLC lifted its stake in Invesco NASDAQ 100 ETF by 232.2% in the second quarter. MGO One Seven LLC now owns 6,863 shares of the company’s stock valued at $1,353,000 after purchasing an additional 4,797 shares during the last quarter. BOKF NA lifted its stake in Invesco NASDAQ 100 ETF by 158.0% in the second quarter. BOKF NA now owns 15,699 shares of the company’s stock valued at $3,094,000 after purchasing an additional 9,614 shares during the last quarter. Eagle Strategies LLC purchased a new position in Invesco NASDAQ 100 ETF in the second quarter valued at approximately $1,629,000. Finally, Wealthgarden F.S. LLC purchased a new position in Invesco NASDAQ 100 ETF in the second quarter valued at approximately $1,823,000.

Invesco NASDAQ 100 ETF Stock Down 1.3 %

Invesco NASDAQ 100 ETF stock traded down $2.84 during trading on Friday, hitting $209.33. The stock had a trading volume of 2,008,940 shares, compared to its average volume of 2,442,738. Invesco NASDAQ 100 ETF has a 1 year low of $165.86 and a 1 year high of $221.92. The stock’s 50 day moving average is $211.79 and its two-hundred day moving average is $201.98. The stock has a market cap of $38.61 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company 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 of this dividend 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.