Geneos Wealth Management Inc. Acquires 14,025 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Geneos Wealth Management Inc. boosted its holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 1,152.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,242 shares of the company’s stock after acquiring an additional 14,025 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco NASDAQ 100 ETF were worth $3,208,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in QQQM. Sequoia Financial Advisors LLC raised its position in shares of Invesco NASDAQ 100 ETF by 6.6% in the third quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after purchasing an additional 74 shares during the period. Creative Planning raised its holdings in Invesco NASDAQ 100 ETF by 11.6% in the 3rd quarter. Creative Planning now owns 20,672 shares of the company’s stock valued at $4,152,000 after acquiring an additional 2,149 shares during the period. Assetmark Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 60.8% during the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after acquiring an additional 284 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Invesco NASDAQ 100 ETF by 26.4% during the third quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock worth $9,107,000 after acquiring an additional 9,469 shares during the period. Finally, Benjamin Edwards Inc. grew its position in shares of Invesco NASDAQ 100 ETF by 9,318.8% in the third quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after purchasing an additional 1,491 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $218.05 on Friday. The business has a fifty day simple moving average of $213.18 and a 200 day simple moving average of $203.03. Invesco NASDAQ 100 ETF has a 1 year low of $169.96 and a 1 year high of $221.92. The company has a market capitalization of $42.31 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently announced 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 was Monday, December 23rd.

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.