Kestra Private Wealth Services LLC Has $10.03 Million Stock Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Kestra Private Wealth Services LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,658 shares of the company’s stock after purchasing an additional 4,897 shares during the period. Kestra Private Wealth Services LLC’s holdings in Invesco NASDAQ 100 ETF were worth $10,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of QQQM. City State Bank increased its position in shares of Invesco NASDAQ 100 ETF by 9.8% during the 3rd quarter. City State Bank now owns 4,270 shares of the company’s stock worth $858,000 after purchasing an additional 380 shares in the last quarter. Carnegie Investment Counsel increased its holdings in shares of Invesco NASDAQ 100 ETF by 3.9% during the third quarter. Carnegie Investment Counsel now owns 23,127 shares of the company’s stock worth $4,645,000 after buying an additional 878 shares in the last quarter. Bright Financial Advisors Inc. increased its holdings in shares of Invesco NASDAQ 100 ETF by 77.2% during the third quarter. Bright Financial Advisors Inc. now owns 10,331 shares of the company’s stock worth $2,075,000 after buying an additional 4,501 shares in the last quarter. JBR Co Financial Management Inc raised its stake in shares of Invesco NASDAQ 100 ETF by 6.8% in the third quarter. JBR Co Financial Management Inc now owns 25,981 shares of the company’s stock valued at $5,218,000 after acquiring an additional 1,650 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Invesco NASDAQ 100 ETF by 34.7% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 621 shares of the company’s stock worth $125,000 after acquiring an additional 160 shares in the last quarter.

Invesco NASDAQ 100 ETF Price Performance

QQQM stock opened at $215.35 on Monday. The business has a fifty day moving average price of $214.59 and a 200 day moving average price of $204.03. Invesco NASDAQ 100 ETF has a fifty-two week low of $169.96 and a fifty-two week high of $221.92. The stock has a market capitalization of $42.76 billion, a price-to-earnings ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid 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.