GWN Securities Inc. Takes $266,000 Position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

GWN Securities Inc. bought a new position in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,220 shares of the company’s stock, valued at approximately $266,000.

Other large investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth about $25,000. Legacy Investment Solutions LLC purchased a new position in Invesco NASDAQ 100 ETF during the third quarter worth about $31,000. Kieckhefer Group LLC purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth about $32,000. Blue Trust Inc. purchased a new position in Invesco NASDAQ 100 ETF during the fourth quarter worth about $49,000. Finally, Hobbs Group Advisors LLC lifted its position in Invesco NASDAQ 100 ETF by 257.1% during the third quarter. Hobbs Group Advisors LLC now owns 250 shares of the company’s stock worth $50,000 after buying an additional 180 shares during the period.

Invesco NASDAQ 100 ETF Trading Up 0.6 %

NASDAQ QQQM opened at $198.76 on Tuesday. The business’s 50-day moving average price is $211.65 and its 200 day moving average price is $207.54. Invesco NASDAQ 100 ETF has a twelve month low of $169.96 and a twelve month high of $222.64. The company has a market capitalization of $39.47 billion, a PE ratio of 30.79 and a beta of 1.18.

Invesco NASDAQ 100 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3103 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco NASDAQ 100 ETF

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.