Axxcess Wealth Management LLC Acquires 46,241 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Posted by Carolyn Dwyer on Mar 18th, 2025

Axxcess Wealth Management LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM – Free Report) by 183.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 71,421 shares of the company’s stock after acquiring an additional 46,241 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco NASDAQ 100 ETF were worth $15,031,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQM. Financial Management Professionals Inc. acquired a new position in shares of Invesco NASDAQ 100 ETF in the 4th quarter valued at $25,000. Legacy Investment Solutions LLC acquired a new position in Invesco NASDAQ 100 ETF in the 3rd quarter worth $31,000. Kieckhefer Group LLC acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth $32,000. Blue Trust Inc. acquired a new position in Invesco NASDAQ 100 ETF in the 4th quarter worth $49,000. Finally, Hobbs Group Advisors LLC boosted its stake in Invesco NASDAQ 100 ETF by 257.1% in the 3rd quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after purchasing an additional 180 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.6 %

Shares of NASDAQ QQQM opened at $198.76 on Tuesday. The firm has a market cap of $39.47 billion, a PE ratio of 30.79 and a beta of 1.18. Invesco NASDAQ 100 ETF has a 1-year low of $169.96 and a 1-year high of $222.64. The company has a fifty day moving average price of $211.65 and a 200 day moving average price of $207.54.

Invesco NASDAQ 100 ETF Announces Dividend

The business also recently announced 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 Company Profile

(Free Report)

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.