BCS Wealth Management Boosts Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

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

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. AdvisorNet Financial Inc increased its holdings in Invesco NASDAQ 100 ETF by 3.5% during the fourth quarter. AdvisorNet Financial Inc now owns 32,676 shares of the company’s stock valued at $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% during the 4th quarter. First Financial Corp IN now owns 7,102 shares of the company’s stock valued at $1,495,000 after acquiring an additional 527 shares in the last quarter. Sightline Wealth Advisors LLC increased its holdings in shares of 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 valued at $1,707,000 after acquiring an additional 315 shares during the period. Pallas Capital Advisors LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 5.3% in the 4th quarter. Pallas Capital Advisors LLC now owns 1,384 shares of the company’s stock valued at $291,000 after acquiring an additional 70 shares during the period. Finally, Heritage Wealth Partners LLC bought a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth $3,968,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQQM opened at $208.14 on Tuesday. The business has a fifty day moving average price of $212.12 and a 200 day moving average price of $202.21. Invesco NASDAQ 100 ETF has a 1-year low of $165.86 and a 1-year high of $221.92. The stock has a market capitalization of $38.40 billion, a P/E ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently declared 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 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.