West Michigan Advisors LLC Purchases 443 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

West Michigan Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 13.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,710 shares of the company’s stock after acquiring an additional 443 shares during the period. West Michigan Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $781,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Financial Management Professionals Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 3rd quarter worth approximately $31,000. Kieckhefer Group LLC bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $32,000. Blue Trust Inc. bought a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $49,000. Finally, Hobbs Group Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 257.1% in the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after purchasing an additional 180 shares in the last quarter.

Invesco NASDAQ 100 ETF Stock Up 1.6 %

Shares of QQQM opened at $209.26 on Friday. The business’s 50 day moving average price is $214.93 and its 200-day moving average price is $207.05. Invesco NASDAQ 100 ETF has a 52 week low of $169.96 and a 52 week high of $222.64. The stock has a market cap of $41.55 billion, a P/E ratio of 33.44 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF 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.