Wealth Enhancement Advisory Services LLC Purchases 194,261 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Wealth Enhancement Advisory Services LLC boosted its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,651,789 shares of the company’s stock after acquiring an additional 194,261 shares during the period. Invesco NASDAQ 100 ETF accounts for approximately 0.7% of Wealth Enhancement Advisory Services LLC’s portfolio, making the stock its 22nd largest holding. Wealth Enhancement Advisory Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $331,762,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. ORG Partners LLC increased its holdings in shares of Invesco NASDAQ 100 ETF by 184.3% in the 4th quarter. ORG Partners LLC now owns 58,031 shares of the company’s stock worth $12,213,000 after buying an additional 37,621 shares during the last quarter. Private Client Services LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth $281,000. Worth Asset Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 33.1% in the 4th quarter. Worth Asset Management LLC now owns 20,062 shares of the company’s stock worth $4,222,000 after acquiring an additional 4,985 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter valued at about $1,559,000. Finally, Kings Path Partners LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the fourth quarter worth about $105,000.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock traded down $4.02 on Friday, reaching $208.15. The company’s stock had a trading volume of 1,194,470 shares, compared to its average volume of 2,326,667. Invesco NASDAQ 100 ETF has a 12-month low of $165.86 and a 12-month high of $221.92. The business has a fifty day simple moving average of $211.79 and a two-hundred day simple moving average of $201.98. The firm has a market cap of $38.39 billion, a PE 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. Investors of record on Monday, December 23rd were paid a $0.3103 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco NASDAQ 100 ETF

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.