TruWealth Advisors LLC Grows Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

TruWealth Advisors LLC raised its stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 0.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,664 shares of the company’s stock after purchasing an additional 136 shares during the period. Invesco NASDAQ 100 ETF accounts for about 2.2% of TruWealth Advisors LLC’s portfolio, making the stock its 14th biggest position. TruWealth Advisors LLC owned about 0.10% of Invesco NASDAQ 100 ETF worth $36,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Massmutual Trust Co. FSB ADV bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth about $29,000. Legacy Investment Solutions LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 3rd quarter worth about $31,000. Kieckhefer Group LLC bought a new stake in Invesco NASDAQ 100 ETF in the fourth quarter worth about $32,000. Mendota Financial Group LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $40,000. Finally, Abich Financial Wealth Management LLC bought a new position in shares of Invesco NASDAQ 100 ETF during the third quarter valued at approximately $43,000.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $214.78 on Friday. The stock has a 50 day moving average price of $212.38 and a 200 day moving average price of $202.55. Invesco NASDAQ 100 ETF has a 52-week low of $168.46 and a 52-week high of $221.92. The firm has a market capitalization of $39.76 billion, a P/E ratio of 34.39 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. Stockholders of record on Monday, December 23rd were paid a dividend of $0.3103 per share. 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.