Invesco NASDAQ 100 ETF $QQQM is Future Financial Wealth Managment LLC’s Largest Position

Future Financial Wealth Managment LLC boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 6.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,600 shares of the company’s stock after purchasing an additional 3,740 shares during the period. Invesco NASDAQ 100 ETF comprises 11.1% of Future Financial Wealth Managment LLC’s holdings, making the stock its biggest holding. Future Financial Wealth Managment LLC’s holdings in Invesco NASDAQ 100 ETF were worth $16,956,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avaii Wealth Management LLC grew its stake in shares of Invesco NASDAQ 100 ETF by 2.8% during the fourth quarter. Avaii Wealth Management LLC now owns 1,464 shares of the company’s stock valued at $370,000 after buying an additional 40 shares during the last quarter. Archer Investment Corp lifted its stake in shares of Invesco NASDAQ 100 ETF by 2.0% during the 4th quarter. Archer Investment Corp now owns 2,292 shares of the company’s stock worth $580,000 after acquiring an additional 44 shares during the last quarter. Jacobi Capital Management LLC lifted its stake in shares of Invesco NASDAQ 100 ETF by 3.4% during the 4th quarter. Jacobi Capital Management LLC now owns 1,329 shares of the company’s stock worth $336,000 after acquiring an additional 44 shares during the last quarter. Foresight Capital Management Advisors Inc. lifted its stake in shares of Invesco NASDAQ 100 ETF by 4.6% during the 4th quarter. Foresight Capital Management Advisors Inc. now owns 1,068 shares of the company’s stock worth $270,000 after acquiring an additional 47 shares during the last quarter. Finally, Motiv8 Investments LLC boosted its holdings in Invesco NASDAQ 100 ETF by 0.5% during the 4th quarter. Motiv8 Investments LLC now owns 9,410 shares of the company’s stock valued at $2,380,000 after acquiring an additional 47 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

Shares of Invesco NASDAQ 100 ETF stock opened at $304.52 on Friday. The stock’s fifty day moving average is $286.28 and its two-hundred day moving average is $263.28. The company has a market capitalization of $91.41 billion, a PE ratio of 31.95 and a beta of 1.23. Invesco NASDAQ 100 ETF has a 52 week low of $215.55 and a 52 week high of $308.21.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.3522 per share. The ex-dividend date is Monday, June 22nd.

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.