Prevail Innovative Wealth Advisors LLC Grows Stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Prevail Innovative Wealth Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 42.6% during the fourth quarter, Holdings Channel reports. The firm owned 19,427 shares of the company’s stock after buying an additional 5,805 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 1.2% of Prevail Innovative Wealth Advisors LLC’s holdings, making the stock its 22nd biggest position. Prevail Innovative Wealth Advisors LLC’s holdings in Invesco NASDAQ 100 ETF were worth $4,088,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Calton & Associates Inc. lifted its stake in Invesco NASDAQ 100 ETF by 2.0% in the 4th quarter. Calton & Associates Inc. now owns 2,327 shares of the company’s stock valued at $490,000 after buying an additional 46 shares in the last quarter. Montag A & Associates Inc. increased its stake in shares of Invesco NASDAQ 100 ETF by 15.5% during the 4th quarter. Montag A & Associates Inc. now owns 372 shares of the company’s stock valued at $78,000 after acquiring an additional 50 shares during the last quarter. Fulcrum Equity Management lifted its holdings in shares of Invesco NASDAQ 100 ETF by 3.3% during the 3rd quarter. Fulcrum Equity Management now owns 1,737 shares of the company’s stock worth $349,000 after acquiring an additional 56 shares during the period. Robertson Stephens Wealth Management LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,107 shares of the company’s stock worth $654,000 after acquiring an additional 56 shares during the last quarter. Finally, Proactive Wealth Strategies LLC grew its holdings in Invesco NASDAQ 100 ETF by 1.4% in the fourth quarter. Proactive Wealth Strategies LLC now owns 4,212 shares of the company’s stock valued at $886,000 after purchasing an additional 59 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Shares of QQQM stock opened at $193.08 on Friday. The firm has a market capitalization of $38.34 billion, a price-to-earnings ratio of 30.79 and a beta of 1.18. The company has a 50 day moving average price of $209.34 and a 200 day moving average price of $207.92. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64.

Invesco NASDAQ 100 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.3176 dividend. This is a positive change from Invesco NASDAQ 100 ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 24th.

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.