BCS Wealth Management Acquires 351 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

BCS Wealth Management raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,052 shares of the company’s stock after purchasing an additional 351 shares during the quarter. BCS Wealth Management’s holdings in Invesco NASDAQ 100 ETF were worth $2,115,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. AdvisorNet Financial Inc increased its stake in Invesco NASDAQ 100 ETF by 3.5% in the 4th quarter. AdvisorNet Financial Inc now owns 32,676 shares of the company’s stock worth $6,877,000 after buying an additional 1,113 shares during the period. First Financial Corp IN boosted its position in Invesco NASDAQ 100 ETF by 8.0% in the 4th quarter. First Financial Corp IN now owns 7,102 shares of the company’s stock valued at $1,495,000 after buying an additional 527 shares during the period. Sightline Wealth Advisors LLC grew its stake in Invesco NASDAQ 100 ETF by 4.0% in the 4th quarter. Sightline Wealth Advisors LLC now owns 8,110 shares of the company’s stock worth $1,707,000 after acquiring an additional 315 shares in the last quarter. Pallas Capital Advisors LLC increased its position in shares of Invesco NASDAQ 100 ETF by 5.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 1,384 shares of the company’s stock worth $291,000 after acquiring an additional 70 shares during the period. Finally, Heritage Wealth Partners LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth approximately $3,968,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ QQQM opened at $208.14 on Tuesday. Invesco NASDAQ 100 ETF has a 52-week low of $165.86 and a 52-week high of $221.92. The firm has a market capitalization of $38.40 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The stock has a 50 day moving average price of $212.12 and a 200 day moving average price of $202.21.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.3103 per share. 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.