2,684 Shares in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Purchased by World Equity Group Inc.

World Equity Group Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,684 shares of the company’s stock, valued at approximately $565,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC grew its holdings in Invesco NASDAQ 100 ETF by 793.0% in the 4th quarter. Apollon Wealth Management LLC now owns 76,129 shares of the company’s stock valued at $16,021,000 after buying an additional 67,604 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after buying an additional 74 shares during the period. Assetmark Inc. grew its holdings in Invesco NASDAQ 100 ETF by 60.8% in the 3rd quarter. Assetmark Inc. now owns 751 shares of the company’s stock valued at $151,000 after buying an additional 284 shares during the period. HighTower Advisors LLC grew its holdings in Invesco NASDAQ 100 ETF by 26.4% in the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock valued at $9,107,000 after buying an additional 9,469 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in Invesco NASDAQ 100 ETF by 9,318.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,507 shares of the company’s stock valued at $303,000 after buying an additional 1,491 shares during the period.

Invesco NASDAQ 100 ETF Price Performance

QQQM opened at $216.61 on Monday. The stock has a market capitalization of $43.01 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18. The business has a 50-day moving average of $215.48 and a two-hundred day moving average of $206.27. Invesco NASDAQ 100 ETF has a 12 month low of $169.96 and a 12 month high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared 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 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.