Adamsbrown Wealth Consultants LLC Increases Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Adamsbrown Wealth Consultants LLC increased its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,294 shares of the company’s stock after purchasing an additional 3,716 shares during the period. Invesco NASDAQ 100 ETF accounts for 7.7% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 4th largest position. Adamsbrown Wealth Consultants LLC owned approximately 0.06% of Invesco NASDAQ 100 ETF worth $22,580,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. National Mutual Insurance Federation of Agricultural Cooperatives raised its stake in Invesco NASDAQ 100 ETF by 260.2% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock valued at $476,014,000 after acquiring an additional 1,712,000 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in Invesco NASDAQ 100 ETF by 13.9% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after acquiring an additional 754,700 shares in the last quarter. Main Management Fund Advisors LLC bought a new stake in Invesco NASDAQ 100 ETF during the 3rd quarter valued at $65,598,000. Meitav Investment House Ltd. raised its stake in shares of Invesco NASDAQ 100 ETF by 25.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock worth $319,132,000 after buying an additional 324,887 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco NASDAQ 100 ETF by 13.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after buying an additional 194,261 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $214.99 on Monday. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $221.92. The stock’s fifty day moving average is $213.88 and its 200-day moving average is $203.38. The company has a market capitalization of $42.64 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

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