Modera Wealth Management LLC Acquires 590 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Modera Wealth Management LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,494 shares of the company’s stock after buying an additional 590 shares during the quarter. Modera Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,367,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Calton & Associates Inc. grew its holdings in Invesco NASDAQ 100 ETF by 2.0% during the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock worth $490,000 after acquiring an additional 46 shares during the period. Montag A & Associates Inc. boosted its position in shares of Invesco NASDAQ 100 ETF by 15.5% in the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock worth $78,000 after purchasing an additional 50 shares during the last quarter. Fulcrum Equity Management increased its holdings in 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 purchasing an additional 56 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its holdings in Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock valued at $654,000 after purchasing an additional 56 shares during the last quarter. Finally, Proactive Wealth Strategies LLC lifted its stake in Invesco NASDAQ 100 ETF by 1.4% in the fourth quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after buying an additional 59 shares during the period.

Invesco NASDAQ 100 ETF Trading Down 2.2 %

Shares of QQQM opened at $204.75 on Tuesday. The stock has a market cap of $40.66 billion, a P/E ratio of 33.44 and a beta of 1.18. The stock’s 50-day moving average price is $214.72 and its two-hundred day moving average price is $207.35. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64.

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 issued 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.