Mpwm Advisory Solutions LLC Buys Shares of 25,978 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Mpwm Advisory Solutions LLC acquired a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,978 shares of the company’s stock, valued at approximately $5,467,000. Invesco NASDAQ 100 ETF comprises 4.0% of Mpwm Advisory Solutions LLC’s holdings, making the stock its 4th largest position.

Other hedge funds have also recently bought and sold shares of the company. Waverly Advisors LLC lifted its holdings in Invesco NASDAQ 100 ETF by 279.8% during the 4th quarter. Waverly Advisors LLC now owns 17,533 shares of the company’s stock worth $3,690,000 after purchasing an additional 12,917 shares during the last quarter. Weitzel Financial Services Inc. raised its holdings in Invesco NASDAQ 100 ETF by 8.6% in the 4th quarter. Weitzel Financial Services Inc. now owns 1,384 shares of the company’s stock valued at $294,000 after acquiring an additional 110 shares in the last quarter. Two Sigma Investments LP grew its stake in Invesco NASDAQ 100 ETF by 1,064.0% during the fourth quarter. Two Sigma Investments LP now owns 29,100 shares of the company’s stock worth $6,124,000 after buying an additional 26,600 shares in the last quarter. Toronto Dominion Bank boosted its position in shares of Invesco NASDAQ 100 ETF by 22,063.6% during the 4th quarter. Toronto Dominion Bank now owns 9,752 shares of the company’s stock worth $2,052,000 after acquiring an additional 9,708 shares in the last quarter. Finally, Snowden Capital Advisors LLC acquired a new position in shares of Invesco NASDAQ 100 ETF during the 4th quarter worth $347,000.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $214.94 on Tuesday. The stock has a market cap of $45.85 billion, a PE ratio of 30.65 and a beta of 1.18. Invesco NASDAQ 100 ETF has a fifty-two week low of $165.72 and a fifty-two week high of $222.64. The firm’s fifty day moving average price is $194.26 and its two-hundred day moving average price is $206.01.

Invesco NASDAQ 100 ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.3176 dividend. This is an increase 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.