Ridgeline Wealth Planning LLC Buys Shares of 951 Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Ridgeline Wealth Planning LLC purchased a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the 4th quarter, Holdings Channel reports. The firm purchased 951 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its position in shares of Invesco NASDAQ 100 ETF by 26,756.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 6,197,357 shares of the company’s stock worth $1,304,234,000 after purchasing an additional 6,174,281 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Invesco NASDAQ 100 ETF by 13.9% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 6,178,000 shares of the company’s stock valued at $1,240,851,000 after buying an additional 754,700 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives increased its holdings in Invesco NASDAQ 100 ETF by 260.2% during the third quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 2,370,000 shares of the company’s stock worth $476,014,000 after buying an additional 1,712,000 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Invesco NASDAQ 100 ETF by 13.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,651,789 shares of the company’s stock worth $331,762,000 after acquiring an additional 194,261 shares in the last quarter. Finally, Meitav Investment House Ltd. lifted its stake in Invesco NASDAQ 100 ETF by 25.7% in the third quarter. Meitav Investment House Ltd. now owns 1,589,538 shares of the company’s stock valued at $319,132,000 after acquiring an additional 324,887 shares during the last quarter.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM opened at $217.40 on Wednesday. The firm has a 50-day moving average of $214.71 and a 200-day moving average of $204.33. The company has a market cap of $43.17 billion, a PE ratio of 34.39 and a beta of 1.18. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $221.92.

Invesco NASDAQ 100 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.3103 per share. 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.