LWM Advisory Services LLC Has $1.39 Million Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

LWM Advisory Services LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,582 shares of the company’s stock after buying an additional 439 shares during the period. Invesco NASDAQ 100 ETF makes up 1.0% of LWM Advisory Services LLC’s holdings, making the stock its 23rd biggest holding. LWM Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,385,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sequoia Financial Advisors LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after purchasing an additional 74 shares during the period. Allworth Financial LP raised its holdings in shares of Invesco NASDAQ 100 ETF by 25.2% during the third quarter. Allworth Financial LP now owns 1,796 shares of the company’s stock valued at $361,000 after purchasing an additional 361 shares during the period. NorthCrest Asset Manangement LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at about $304,000. Masso Torrence Wealth Management Inc. raised its holdings in shares of Invesco NASDAQ 100 ETF by 26.5% during the third quarter. Masso Torrence Wealth Management Inc. now owns 1,287 shares of the company’s stock valued at $259,000 after purchasing an additional 270 shares during the period. Finally, Arkadios Wealth Advisors acquired a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at about $208,000.

Invesco NASDAQ 100 ETF Price Performance

NASDAQ:QQQM opened at $216.61 on Friday. The firm has a 50-day moving average of $215.48 and a 200-day moving average of $206.10. The company has a market cap of $43.01 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64.

Invesco NASDAQ 100 ETF Announces Dividend

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 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.