Petix & Botte Co Invests $4.87 Million in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Petix & Botte Co bought a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 23,157 shares of the company’s stock, valued at approximately $4,874,000. Invesco NASDAQ 100 ETF accounts for about 1.3% of Petix & Botte Co’s portfolio, making the stock its 26th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $25,000. Massmutual Trust Co. FSB ADV purchased a new position in Invesco NASDAQ 100 ETF during the 3rd quarter worth approximately $29,000. Legacy Investment Solutions LLC acquired a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at approximately $31,000. Kieckhefer Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $32,000. Finally, Mendota Financial Group LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at $40,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $218.05 on Monday. The stock has a market cap of $42.31 billion, a PE ratio of 34.39 and a beta of 1.18. The firm has a fifty day moving average price of $213.18 and a 200 day moving average price of $203.03. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date 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.