Maripau Wealth Management LLC Acquires New Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Maripau Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,785 shares of the company’s stock, valued at approximately $586,000.

Several other large investors have also bought and sold shares of QQQM. Arkadios Wealth Advisors acquired a new position in Invesco NASDAQ 100 ETF in the third quarter valued at approximately $208,000. Mutual Advisors LLC raised its holdings in Invesco NASDAQ 100 ETF by 3.6% in the third quarter. Mutual Advisors LLC now owns 7,120 shares of the company’s stock worth $1,443,000 after purchasing an additional 246 shares during the period. US Bancorp DE raised its holdings in Invesco NASDAQ 100 ETF by 6.5% in the third quarter. US Bancorp DE now owns 90,937 shares of the company’s stock worth $18,265,000 after purchasing an additional 5,524 shares during the period. Hartford Financial Management Inc. raised its holdings in Invesco NASDAQ 100 ETF by 157.4% in the third quarter. Hartford Financial Management Inc. now owns 1,215 shares of the company’s stock worth $244,000 after purchasing an additional 743 shares during the period. Finally, Focus Financial Network Inc. raised its holdings in Invesco NASDAQ 100 ETF by 3.4% in the third quarter. Focus Financial Network Inc. now owns 69,855 shares of the company’s stock worth $14,030,000 after purchasing an additional 2,281 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

QQQM opened at $209.26 on Friday. The firm’s fifty day moving average is $214.93 and its two-hundred day moving average is $207.05. The firm has a market cap of $41.55 billion, a PE ratio of 33.44 and a beta of 1.18. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64.

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.

Invesco NASDAQ 100 ETF Company 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.