HB Wealth Management LLC Grows Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by ABMN Staff on Jan 22nd, 2025

HB Wealth Management LLC grew its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 27.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,976 shares of the company’s stock after buying an additional 863 shares during the quarter. HB Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $837,000 at the end of the most recent reporting period.

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

Invesco NASDAQ 100 ETF Trading Up 0.6 %

Shares of NASDAQ QQQM opened at $216.10 on Wednesday. The stock has a market capitalization of $41.83 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 12-month low of $169.96 and a 12-month high of $221.92. The stock’s fifty day simple moving average is $212.45 and its two-hundred day simple moving average is $202.64.

Invesco NASDAQ 100 ETF Announces Dividend

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

About Invesco NASDAQ 100 ETF

(Free Report)

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.