Highline Wealth Partners LLC Purchases 876 Shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Highline Wealth Partners LLC raised its holdings in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 5.7% during the 4th quarter, HoldingsChannel reports. The fund owned 16,298 shares of the company’s stock after acquiring an additional 876 shares during the quarter. Invesco NASDAQ 100 ETF comprises approximately 1.1% of Highline Wealth Partners LLC’s portfolio, making the stock its 27th biggest holding. Highline Wealth Partners LLC’s holdings in Invesco NASDAQ 100 ETF were worth $3,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Sequoia Financial Advisors LLC boosted its position in shares of Invesco NASDAQ 100 ETF by 6.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,196 shares of the company’s stock valued at $240,000 after purchasing an additional 74 shares during the period. Creative Planning increased its stake in Invesco NASDAQ 100 ETF by 11.6% in the third quarter. Creative Planning now owns 20,672 shares of the company’s stock valued at $4,152,000 after purchasing an additional 2,149 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 20.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,413 shares of the company’s stock worth $279,000 after buying an additional 242 shares during the period. Assetmark Inc. grew its holdings in shares of Invesco NASDAQ 100 ETF by 60.8% during the third quarter. Assetmark Inc. now owns 751 shares of the company’s stock worth $151,000 after buying an additional 284 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in Invesco NASDAQ 100 ETF by 26.4% in the 3rd quarter. HighTower Advisors LLC now owns 45,393 shares of the company’s stock valued at $9,107,000 after acquiring an additional 9,469 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

Invesco NASDAQ 100 ETF stock traded down $2.32 during mid-day trading on Friday, reaching $209.85. 1,706,308 shares of the company were exchanged, compared to its average volume of 2,407,371. The firm’s 50-day simple moving average is $211.79 and its two-hundred day simple moving average is $201.98. Invesco NASDAQ 100 ETF has a twelve month low of $165.86 and a twelve month high of $221.92. The firm has a market cap of $38.70 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared 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 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.