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

Twin Peaks Wealth Advisors LLC raised its stake in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 15.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,906 shares of the company’s stock after buying 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.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Financial Management Professionals Inc. acquired a new stake in shares of Invesco NASDAQ 100 ETF in the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF during the third quarter worth $31,000. Kieckhefer Group LLC purchased a new stake in Invesco NASDAQ 100 ETF during the fourth quarter worth $32,000. Abich Financial Wealth Management LLC acquired a new stake in Invesco NASDAQ 100 ETF in the third quarter valued at $43,000. Finally, Blue Trust Inc. purchased a new position in shares of Invesco NASDAQ 100 ETF in the fourth quarter valued at $49,000.

Invesco NASDAQ 100 ETF Stock Down 1.2 %

Invesco NASDAQ 100 ETF stock opened at $214.04 on Tuesday. 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 has a 52 week low of $169.96 and a 52 week high of $222.64. The firm’s 50-day simple moving average is $215.48 and its 200 day simple moving average is $206.47.

Invesco NASDAQ 100 ETF Announces Dividend

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 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.