2,203 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Acquired by Sanchez Wealth Management Group

Sanchez Wealth Management Group acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,203 shares of the company’s stock, valued at approximately $464,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Financial Management Professionals Inc. acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new position in shares of Invesco NASDAQ 100 ETF in the 3rd quarter valued at about $31,000. Kieckhefer Group LLC acquired a new stake in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth about $32,000. Mendota Financial Group LLC purchased a new stake in Invesco NASDAQ 100 ETF during the third quarter worth approximately $40,000. Finally, Abich Financial Wealth Management LLC acquired a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $43,000.

Invesco NASDAQ 100 ETF Trading Down 1.2 %

QQQM stock opened at $215.35 on Friday. The company’s 50 day moving average is $214.48 and its two-hundred day moving average is $203.86. The stock has a market cap of $42.76 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 Announces Dividend

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