Ethos Financial Group LLC Grows Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Ethos Financial Group LLC boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3,690.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,573 shares of the company’s stock after buying an additional 38,529 shares during the period. Invesco NASDAQ 100 ETF makes up 1.1% of Ethos Financial Group LLC’s investment portfolio, making the stock its 27th biggest holding. Ethos Financial Group LLC’s holdings in Invesco NASDAQ 100 ETF were worth $8,328,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Financial Management Professionals Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 3rd quarter valued at $31,000. Kieckhefer Group LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $32,000. Blue Trust Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter valued at $49,000. Finally, Hobbs Group Advisors LLC grew its position in shares of Invesco NASDAQ 100 ETF by 257.1% during the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock valued at $50,000 after purchasing an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

Shares of NASDAQ:QQQM opened at $206.64 on Thursday. Invesco NASDAQ 100 ETF has a 52-week low of $169.96 and a 52-week high of $222.64. The firm has a fifty day moving average of $214.21 and a 200 day moving average of $207.41. The firm has a market capitalization of $41.03 billion, a PE ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.3103 dividend. The ex-dividend date of this dividend 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.