Invesco NASDAQ 100 ETF (NASDAQ:QQQM) is Latko Wealth Management Ltd.’s 3rd Largest Position

Latko Wealth Management Ltd. reduced its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 115,470 shares of the company’s stock after selling 428 shares during the quarter. Invesco NASDAQ 100 ETF accounts for 14.4% of Latko Wealth Management Ltd.’s holdings, making the stock its 3rd largest position. Latko Wealth Management Ltd.’s holdings in Invesco NASDAQ 100 ETF were worth $24,301,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Financial Management Professionals Inc. purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $25,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $32,000. Abich Financial Wealth Management LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter valued at approximately $43,000. Finally, Blue Trust Inc. purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter valued at approximately $49,000.

Invesco NASDAQ 100 ETF Trading Up 0.4 %

Shares of QQQM stock opened at $221.56 on Friday. The stock has a 50 day moving average of $214.96 and a 200 day moving average of $204.72. The stock has a market cap of $44.00 billion, a P/E ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $221.92.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued 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.