Strata Wealth Advisors LLC Buys Shares of 1,125 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Strata Wealth Advisors LLC bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,125 shares of the company’s stock, valued at approximately $237,000.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQM. Creative Planning lifted its position in shares of Invesco NASDAQ 100 ETF by 11.6% in the third quarter. Creative Planning now owns 20,672 shares of the company’s stock worth $4,152,000 after purchasing an additional 2,149 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of Invesco NASDAQ 100 ETF by 4.3% in the 3rd quarter. Raymond James & Associates now owns 377,973 shares of the company’s stock valued at $75,916,000 after buying an additional 15,615 shares during the last quarter. OLD National Bancorp IN bought a new position in shares of Invesco NASDAQ 100 ETF in the third quarter valued at $386,000. Monumental Financial Group Inc. lifted its stake in Invesco NASDAQ 100 ETF by 1.6% in the third quarter. Monumental Financial Group Inc. now owns 64,323 shares of the company’s stock valued at $12,919,000 after acquiring an additional 984 shares during the last quarter. Finally, Precision Wealth Strategies LLC grew its position in shares of Invesco NASDAQ 100 ETF by 43.7% in the 3rd quarter. Precision Wealth Strategies LLC now owns 3,455 shares of the company’s stock valued at $694,000 after acquiring an additional 1,050 shares during the period.

Invesco NASDAQ 100 ETF Stock Up 0.2 %

Shares of NASDAQ QQQM opened at $222.09 on Wednesday. The business’s 50 day moving average price is $215.19 and its two-hundred day moving average price is $205.35. The company has a market cap of $44.10 billion, a PE 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 $222.28.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced 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.