Twin Peaks Wealth Advisors LLC Increases Stock Holdings in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Twin Peaks Wealth Advisors LLC grew its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,906 shares of the company’s stock after purchasing an additional 794 shares during the period. Twin Peaks Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $1,243,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of QQQM. Financial Management Professionals Inc. purchased a new position in Invesco NASDAQ 100 ETF during the 4th quarter worth $25,000. Legacy Investment Solutions LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF in the third quarter valued at about $31,000. Kieckhefer Group LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the fourth quarter worth about $32,000. Abich Financial Wealth Management LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $43,000. Finally, Blue Trust Inc. acquired a new stake in Invesco NASDAQ 100 ETF in the fourth quarter valued at about $49,000.

Invesco NASDAQ 100 ETF Trading Down 1.2 %

Shares of QQQM opened at $214.04 on Tuesday. The stock’s 50 day moving average is $215.48 and its two-hundred day moving average is $206.47. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64. The firm has a market capitalization of $42.50 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors 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 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.