GWN Securities Inc. Invests $266,000 in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

GWN Securities Inc. acquired a new position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,220 shares of the company’s stock, valued at approximately $266,000.

A number of other large investors also recently modified their holdings of the company. Assetmark Inc. grew its stake in shares of Invesco NASDAQ 100 ETF by 60.8% in the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after buying an additional 284 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Invesco NASDAQ 100 ETF by 15.4% in the third quarter. Thrivent Financial for Lutherans now owns 251,939 shares of the company’s stock valued at $50,602,000 after buying an additional 33,568 shares in the last quarter. Theory Financial LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 32.2% in the third quarter. Theory Financial LLC now owns 30,408 shares of the company’s stock valued at $6,055,000 after buying an additional 7,404 shares in the last quarter. MAI Capital Management grew its stake in shares of Invesco NASDAQ 100 ETF by 24.0% in the third quarter. MAI Capital Management now owns 22,095 shares of the company’s stock valued at $4,438,000 after buying an additional 4,283 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 7.4% in the third quarter. Cassaday & Co Wealth Management LLC now owns 9,620 shares of the company’s stock valued at $1,932,000 after buying an additional 662 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Performance

QQQM stock opened at $198.76 on Tuesday. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $222.64. The firm has a market cap of $39.47 billion, a P/E ratio of 30.79 and a beta of 1.18. The stock has a 50-day simple moving average of $211.65 and a 200-day simple moving average of $207.54.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced 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.

Invesco NASDAQ 100 ETF Company 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.